Ebiquity (LON:EBQ) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Ebiquity plc (LON:EBQ) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 34.33 ($0.45) and traded as low as GBX 19.50 ($0.25). Ebiquity shares last traded at GBX 20.65 ($0.27), with a volume of 3,616,000 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Ebiquity in a research note on Tuesday, September 24th.

Ebiquity Stock Up 7.3 %

The business has a 50 day moving average of GBX 23.42 and a 200 day moving average of GBX 34.13. The company has a debt-to-equity ratio of 64.91, a current ratio of 1.80 and a quick ratio of 1.23. The firm has a market capitalization of £30.08 million, a price-to-earnings ratio of -440.00, a price-to-earnings-growth ratio of 0.75 and a beta of 0.26.

About Ebiquity

Ebiquity plc provides media consultancy and investment analysis services in the United Kingdom, Ireland, North America, Continental Europe, and the Asia Pacific. It offers analysis and advisory services in the areas of media management, media performance, marketing effectiveness, technology advisory, and contract compliance services.