Ebiquity (LON:EBQ) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Ebiquity plc (LON:EBQ)’s share price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 10.38 and traded as low as GBX 9.12. Ebiquity shares last traded at GBX 9.15, with a volume of 50,000 shares.

Ebiquity Price Performance

The firm has a market capitalization of £12.58 million, a PE ratio of -2.79, a price-to-earnings-growth ratio of 0.75 and a beta of 0.16. The business has a 50-day moving average of GBX 9.60 and a 200 day moving average of GBX 10.35. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 107.52.

Ebiquity (LON:EBQ) last posted its quarterly earnings data on Tuesday, September 29th. The company reported GBX 0.45 earnings per share (EPS) for the quarter. Ebiquity had a negative net margin of 6.28% and a negative return on equity of 19.11%. As a group, research analysts anticipate that Ebiquity plc will post 2.91 EPS for the current fiscal year.

About Ebiquity

Ebiquity plc (LSE AIM: EBQ) is a world leader in media investment analysis. It harnesses the power of data to provide independent, fact-based advice, enabling brand owners to perfect media investment decisions and improve business outcomes. Ebiquity is able to provide independent, unbiased advice and solutions to brands because we have no commercial interest in any part of the media supply chain.

We are a data-driven solutions company helping brand owners drive efficiency and effectiveness from their media spend, eliminating wastage and creating value.