SpaceandPeople (LON:SAL) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of SpaceandPeople plc (LON:SAL) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 185.26 ($2.48) and traded as high as GBX 258.50 ($3.45). SpaceandPeople shares last traded at GBX 249.64 ($3.34), with a volume of 387 shares traded.

SpaceandPeople Price Performance

The company has a market capitalization of £4.68 million, a P/E ratio of 10.21, a P/E/G ratio of 5.51 and a beta of 0.82. The business’s 50-day simple moving average is GBX 185.26 and its 200 day simple moving average is GBX 143.99. The company has a current ratio of 0.53, a quick ratio of 0.61 and a debt-to-equity ratio of 38.44.

SpaceandPeople (LON:SAL) last released its quarterly earnings results on Monday, September 15th. The company reported GBX 1.70 EPS for the quarter. SpaceandPeople had a net margin of 5.04% and a return on equity of 10.09%. As a group, sell-side analysts anticipate that SpaceandPeople plc will post 9.538835 EPS for the current year.

Insider Activity at SpaceandPeople

In related news, insider Nancy J. Cullen sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of GBX 260, for a total value of £6,500. 26.29% of the stock is owned by insiders.

About SpaceandPeople

SpaceandPeople plc markets and sells promotional and retail licensing space on behalf of shopping centers, retail parks, railway stations, and other venues in the United Kingdom and Germany. It operates in two segments, Promotional Sales and Retail. The company markets, sells, and administers promotional space, as well as on-mall and short-term retail space in footfall venues, including shopping centers, garden centers, city centres, retail parks, travel hubs, and train stations.