Insider Selling: XLMedia PLC (LON:XLM) Insider Sells 38,928,944 Shares of Stock

XLMedia PLC (LON:XLM) insider Cédric Boireau sold 38,928,944 shares of the firm’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 12 ($0.15), for a total value of £4,671,473.28 ($5,911,760.67).

XLMedia Stock Performance

Shares of XLM traded down GBX 0.01 ($0.00) during trading hours on Monday, reaching GBX 10.25 ($0.13). 2,353,857 shares of the company’s stock traded hands, compared to its average volume of 4,850,079. The business’s fifty day simple moving average is GBX 9.96 and its two-hundred day simple moving average is GBX 10.43. The firm has a market capitalization of £33.05 million, a price-to-earnings ratio of -0.55 and a beta of 2.07. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.58 and a quick ratio of 0.96. XLMedia PLC has a twelve month low of GBX 6.20 ($0.08) and a twelve month high of GBX 14.15 ($0.18).

XLMedia Company Profile

XLMedia is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.

The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.