AIREA (LON:AIEA) Stock Price Up 8.6% – Still a Buy?

Shares of AIREA plc (LON:AIEA) were up 8.6% during trading on Friday. The stock traded as high as GBX 29.90 and last traded at GBX 28.25. 365,295 shares were traded during mid-day trading, an increase of 702% from the average session volume of 45,539 shares. The stock had previously closed at GBX 26.01.

AIREA Trading Up 8.6%

The company has a debt-to-equity ratio of 12.40, a current ratio of 2.98 and a quick ratio of 1.66. The business’s 50 day moving average price is GBX 26.67 and its 200-day moving average price is GBX 24.96. The firm has a market capitalization of £11.24 million, a price-to-earnings ratio of 7.74 and a beta of 1.08.

AIREA (LON:AIEA) last posted its quarterly earnings results on Tuesday, September 29th. The company reported GBX 0.57 earnings per share (EPS) for the quarter. AIREA had a net margin of 0.31% and a return on equity of 0.39%.

Insider Activity at AIREA

In other news, insider Conleth Campbell sold 65,186 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of GBX 26, for a total transaction of £16,948.36. Also, insider Mederic Payne sold 161,662 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of GBX 26, for a total value of £42,032.12. Insiders own 16.42% of the company’s stock.

About AIREA

AIREA plc is a UK design-led specialist flooring company listed on the AIM market of the London Stock Exchange, supplying to both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.