Mirriad Advertising (LON:MIRI) Stock Price Down 12.5% – Here’s Why

Mirriad Advertising plc (LON:MIRIGet Free Report) fell 12.5% during mid-day trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 222,648,281 shares changed hands during trading, an increase of 31% from the average session volume of 169,510,156 shares. The stock had previously closed at GBX 0.01.

Mirriad Advertising Stock Down 12.5%

The firm has a 50 day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.01. The company has a debt-to-equity ratio of 0.58, a quick ratio of 6.88 and a current ratio of 4.98. The stock has a market cap of £1.20 million, a P/E ratio of 0.00 and a beta of 1.10.

About Mirriad Advertising

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Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies in the United Kingdom, the United States, China, and India. It inserts advertising imagery, such as signage, products, or videos into pre-existing video content. The company was incorporated in 2015 and is based in London, the United Kingdom.

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