AIREA (LON:AIEA) Share Price Passes Below 50 Day Moving Average – What’s Next?

AIREA plc (LON:AIEA)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 20.90 ($0.26) and traded as low as GBX 17.28 ($0.21). AIREA shares last traded at GBX 19 ($0.23), with a volume of 65,064 shares trading hands.

AIREA Price Performance

The firm has a market capitalization of £8.06 million, a P/E ratio of 1,300.00 and a beta of 1.08. The firm has a 50 day moving average price of GBX 20.90 and a 200-day moving average price of GBX 24.38. The company has a current ratio of 2.98, a quick ratio of 1.66 and a debt-to-equity ratio of 12.40.

AIREA Company Profile

AIREA plc is a UK design-led specialist flooring company listed on the AIM market of the London Stock Exchange, supplying to both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.