Southern Cross Media Group (ASX:SXL) Stock Price Crosses Below Two Hundred Day Moving Average of $1.16

Southern Cross Media Group Ltd (ASX:SXL) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.16 and traded as low as $0.86. Southern Cross Media Group shares last traded at $0.88, with a volume of 3,150,675 shares trading hands.

The firm has a market cap of $672.89 million and a PE ratio of -7.35. The stock has a 50 day simple moving average of A$0.89 and a two-hundred day simple moving average of A$1.16. The company has a debt-to-equity ratio of 76.21, a quick ratio of 1.79 and a current ratio of 2.06.

Southern Cross Media Group Company Profile (ASX:SXL)

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation and broadcasting of content on free-to-air commercial radio, television (TV), and online media platforms. The company operates through two segments, Regional and Metro. The company owns 78 radio stations and 6 digital radio stations across metropolitan and regional Australia, as well as 34 regional radio stations; and broadcasts 86 free to air TV signals in regional Australia primarily under the Nine Network brand.

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