Aeorema Communications (LON:AEO) Trading Up 0.9% – Still a Buy?

Aeorema Communications plc (LON:AEO)’s share price was up 0.9% on Wednesday . The company traded as high as GBX 58 ($0.73) and last traded at GBX 56.50 ($0.71). Approximately 93,825 shares changed hands during trading, an increase of 469% from the average daily volume of 16,488 shares. The stock had previously closed at GBX 56 ($0.71).

Aeorema Communications Price Performance

The company has a market capitalization of £5.72 million, a P/E ratio of 1,933.33 and a beta of 0.91. The stock’s fifty day simple moving average is GBX 54.10 and its 200-day simple moving average is GBX 56.89. The company has a debt-to-equity ratio of 27.72, a current ratio of 1.43 and a quick ratio of 1.12.

Aeorema Communications Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, January 20th. Investors of record on Tuesday, December 24th will be given a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Tuesday, December 24th. This represents a dividend yield of 5.61%. Aeorema Communications’s dividend payout ratio is presently 10,000.00%.

About Aeorema Communications

Aeorema Communications plc, a live events agency, devises and delivers corporate communication solutions in the United Kingdom, the United States, and internationally. It assists clients with venue sourcing, event management, and incentive travel. The company was formerly known as Cheerful Scout plc and changed its name to Aeorema Communications plc in December 2011.