Shares of MediaZest plc (LON:MDZ – Get Free Report) shot up 18.8% during trading on Wednesday after an insider bought additional shares in the company. The stock traded as high as GBX 0.10 and last traded at GBX 0.10. 26,255,693 shares were traded during trading, an increase of 259% from the average session volume of 7,312,444 shares. The stock had previously closed at GBX 0.08.
Specifically, insider James Abdool bought 5,882,353 shares of MediaZest stock in a transaction dated Wednesday, December 17th. The shares were purchased at an average cost of GBX 1 per share, with a total value of £58,823.53.
MediaZest Stock Performance
The company has a debt-to-equity ratio of 229.88, a quick ratio of 0.28 and a current ratio of 0.23. The business’s 50-day moving average is GBX 0.09 and its 200-day moving average is GBX 0.08. The company has a market capitalization of £1.56 million, a PE ratio of -92.00 and a beta of 0.89.
MediaZest Company Profile
MediaZest is a creative audio-visual solutions provider that specialises in delivering innovative digital signage and audio systems to leading retailers, brand owners and corporations. The Group offers an integrated service from content creation and system design to installation, technical support, and maintenance.
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