One Media iP Group (LON:OMIP) Shares Down 10% – Here’s Why

Shares of One Media iP Group Plc (LON:OMIPGet Free Report) dropped 10% during mid-day trading on Wednesday . The company traded as low as GBX 3.83 ($0.05) and last traded at GBX 3.83 ($0.05). Approximately 5,000 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 173,299 shares. The stock had previously closed at GBX 4.25 ($0.05).

One Media iP Group Trading Down 8.2 %

The business has a 50 day moving average of GBX 3.88 and a 200-day moving average of GBX 4.08. The stock has a market cap of £7.86 million, a PE ratio of 34.83, a price-to-earnings-growth ratio of 0.73 and a beta of 0.22. The company has a current ratio of 1.56, a quick ratio of 3.00 and a debt-to-equity ratio of 8.66.

About One Media iP Group

(Get Free Report)

One Media iP Group Plc engages in the acquisition and exploitation of mixed media intellectual property rights for distribution through the digital medium and traditional media outlets in the United Kingdom, rest of Europe, North America, and internationally. Its mixed media products include music, video, spoken word, and digital books.

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