AIREA (LON:AIEA) Announces Quarterly Earnings Results

AIREA (LON:AIEA) issued its quarterly earnings results on Tuesday. The company reported GBX 0.57 EPS for the quarter, Digital Look Earnings reports. AIREA had a return on equity of 0.39% and a net margin of 0.31%.

AIREA Stock Performance

AIEA traded down GBX 1.50 during trading on Wednesday, hitting GBX 27. 56,135 shares of the stock were exchanged, compared to its average volume of 42,038. The stock has a fifty day moving average price of GBX 26.92 and a two-hundred day moving average price of GBX 25.89. AIREA has a 1-year low of GBX 17.64 and a 1-year high of GBX 30. The firm has a market capitalization of £10.74 million, a P/E ratio of 10.63 and a beta of 1.08. The company has a quick ratio of 1.66, a current ratio of 2.98 and a debt-to-equity ratio of 12.40.

Insiders Place Their Bets

In other news, insider Tanya Ashton bought 33,320 shares of AIREA stock in a transaction on Thursday, August 6th. The shares were bought at an average cost of GBX 26 per share, for a total transaction of £8,663.20. Also, insider Conleth Campbell sold 65,186 shares of the business’s 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 £16,948.36. 16.99% of the stock is owned by company insiders.

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.