Automax Motors (LON:MTMY) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Automax Motors Ltd. (LON:MTMYGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.50 ($0.06) and traded as low as GBX 4.50 ($0.06). Automax Motors shares last traded at GBX 4.50 ($0.06), with a volume of 268,234 shares trading hands.

Automax Motors Stock Performance

The company has a debt-to-equity ratio of 542.51, a current ratio of 2.40 and a quick ratio of 2.19. The company’s 50-day moving average price is GBX 4.50 and its two-hundred day moving average price is GBX 4.50. The company has a market capitalization of £4.44 million and a price-to-earnings ratio of -6.43.

About Automax Motors

(Get Free Report)

Automax Motors Ltd. does not have significant operations. Previously, it was engaged in offering domain monetization and mobile digital advertising services to advertisers, advertising agencies, app developers, and domain owners. The company was formerly known as Matomy Media Group Ltd and changed its name to Automax Motors Ltd.

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