Mirriad Advertising (LON:MIRI) Shares Down 20% – Should You Sell?

Mirriad Advertising plc (LON:MIRI)’s share price dropped 20% during trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 152,857,563 shares changed hands during trading, a decline of 10% from the average daily volume of 169,857,563 shares. The stock had previously closed at GBX 0.01.

Mirriad Advertising Trading Down 20.0%

The firm has a 50-day moving average of GBX 0.01 and a 200 day moving average of GBX 0.01. The company has a market cap of £1.37 million, a P/E ratio of 0.00 and a beta of 1.10. The company has a current ratio of 4.98, a quick ratio of 6.88 and a debt-to-equity ratio of 0.58.

Mirriad Advertising (LON:MIRI) last issued its quarterly earnings results on Friday, September 26th. The company reported GBX (0.07) earnings per share (EPS) for the quarter. On average, analysts predict that Mirriad Advertising plc will post -5.3800001 earnings per share for the current fiscal year.

Mirriad Advertising Company Profile

Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies in the United Kingdom, the United States, China, and India. It inserts advertising imagery, such as signage, products, or videos into pre-existing video content. The company was incorporated in 2015 and is based in London, the United Kingdom.