AIREA (LON:AIEA) Shares Cross Below Fifty Day Moving Average – Time to Sell?

AIREA plc (LON:AIEA) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 25.20 ($0.33) and traded as low as GBX 24.50 ($0.32). AIREA shares last traded at GBX 24.50 ($0.32), with a volume of 4,110 shares changing hands.

AIREA Stock Down 2.0 %

The firm’s 50 day moving average is GBX 25.20 and its two-hundred day moving average is GBX 28.93. The stock has a market cap of £9.45 million, a price-to-earnings ratio of 1,300.00 and a beta of 1.08. The company has a current ratio of 2.98, a quick ratio of 1.66 and a debt-to-equity ratio of 12.40.

Insider Transactions at AIREA

In other news, insider Conleth Campbell bought 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average price of GBX 27 ($0.35) per share, for a total transaction of £16,200 ($21,154.35). Insiders own 54.06% of the company’s stock.

About AIREA

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand name.