AIREA (LON:AIEA) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

AIREA plc (LON:AIEAGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 27.69 and traded as low as GBX 27.01. AIREA shares last traded at GBX 27.73, with a volume of 387 shares trading hands.

AIREA Price Performance

The company has a debt-to-equity ratio of 12.40, a current ratio of 2.98 and a quick ratio of 1.66. The firm’s 50 day moving average is GBX 27.69 and its 200 day moving average is GBX 24.08. The firm has a market cap of £10.74 million, a P/E ratio of 10.63 and a beta of 1.08.

About AIREA

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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.

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