SpaceandPeople (LON:SAL) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

SpaceandPeople plc (LON:SAL) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 219.81 and traded as low as GBX 201. SpaceandPeople shares last traded at GBX 207.40, with a volume of 19,825 shares changing hands.

SpaceandPeople Stock Up 1.2%

The company has a market capitalization of £4.00 million, a PE ratio of 8.61, a P/E/G ratio of 5.51 and a beta of 0.82. The company has a current ratio of 0.53, a quick ratio of 0.61 and a debt-to-equity ratio of 38.44. The firm has a 50 day simple moving average of GBX 219.81 and a two-hundred day simple moving average of GBX 180.45.

Insiders Place Their Bets

In other SpaceandPeople news, insider Nancy J. Cullen sold 25,000 shares of the company’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of GBX 242, for a total transaction of £60,500. 26.29% of the stock is currently owned by company insiders.

SpaceandPeople Company Profile

SpaceandPeople plc markets and sells promotional and retail licensing space on behalf of shopping centers, retail parks, railway stations, and other venues in the United Kingdom and Germany. It operates in two segments, Promotional Sales and Retail. The company markets, sells, and administers promotional space, as well as on-mall and short-term retail space in footfall venues, including shopping centers, garden centers, city centres, retail parks, travel hubs, and train stations. It also offers promotional kiosk, a digital experiential platform for promotional activities of companies; and leases retail merchandising units.