Aeorema Communications (LON:AEO) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of Aeorema Communications plc (LON:AEO) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 56.72 ($0.70) and traded as low as GBX 52.03 ($0.65). Aeorema Communications shares last traded at GBX 52.35 ($0.65), with a volume of 3,246 shares trading hands.

Aeorema Communications Price Performance

The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 27.72. The firm has a 50 day moving average price of GBX 55.27 and a two-hundred day moving average price of GBX 56.72. The company has a market capitalization of £5.10 million, a price-to-earnings ratio of 1,783.33 and a beta of 0.91.

Aeorema Communications Dividend Announcement

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

Aeorema Communications Company Profile

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.