ADVFN (LON:AFN) Shares Pass Below 50-Day Moving Average – What’s Next?

ADVFN Plc (LON:AFN) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 13.35 ($0.16) and traded as low as GBX 10.50 ($0.13). ADVFN shares last traded at GBX 10.50 ($0.13), with a volume of 2,000 shares traded.

ADVFN Stock Down 4.5 %

The company has a debt-to-equity ratio of 0.52, a current ratio of 3.32 and a quick ratio of 0.55. The firm has a market capitalization of £4.86 million, a P/E ratio of -262.50 and a beta of 0.75. The company’s 50-day simple moving average is GBX 13.35 and its two-hundred day simple moving average is GBX 17.02.

Insider Activity

In other news, insider Amit Tauman acquired 30,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were purchased at an average cost of GBX 10 ($0.12) per share, for a total transaction of £3,000 ($3,670.62). Insiders own 53.01% of the company’s stock.

About ADVFN

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.