Ebiquity (LON:EBQ) Shares Pass Below 200-Day Moving Average – Here’s Why

Ebiquity plc (LON:EBQ) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 20.14 and traded as low as GBX 13.68. Ebiquity shares last traded at GBX 13.68, with a volume of 29,184 shares trading hands.

Ebiquity Price Performance

The stock has a market cap of £19.01 million, a price-to-earnings ratio of -1.52, a PEG ratio of 0.75 and a beta of 0.26. The company’s 50 day moving average is GBX 15.19 and its 200 day moving average is GBX 20.14. The company has a debt-to-equity ratio of 65.49, a current ratio of 1.80 and a quick ratio of 1.23.

Ebiquity (LON:EBQ) last issued its earnings results on Monday, September 29th. The company reported GBX (0.40) earnings per share (EPS) for the quarter. Ebiquity had a negative net margin of 7.77% and a negative return on equity of 14.87%. Research analysts forecast that Ebiquity plc will post 2.9145078 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Lara Izlan acquired 15,001 shares of Ebiquity stock in a transaction that occurred on Tuesday, September 30th. The stock was purchased at an average cost of GBX 14 per share, with a total value of £2,100.14. 9.40% of the stock is owned by insiders.

About Ebiquity

Ebiquity plc (LSE AIM: EBQ) is a world leader in media investment analysis. It harnesses the power of data to provide independent, fact-based advice, enabling brand owners to perfect media investment decisions and improve business outcomes. Ebiquity is able to provide independent, unbiased advice and solutions to brands because we have no commercial interest in any part of the media supply chain.

We are a data-driven solutions company helping brand owners drive efficiency and effectiveness from their media spend, eliminating wastage and creating value.