AIREA (LON:AIEA) Stock Breaks Above 50-Day Moving Average – What’s Next?

AIREA plc (LON:AIEA – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 26.72 and traded as high as GBX 29.90. AIREA shares last traded at GBX 28.25, with a volume of 365,295 shares trading hands.

AIREA Stock Up 8.6%

The company has a market cap of £11.24 million, a P/E ratio of 7.74 and a beta of 1.08. The company has a current ratio of 2.98, a quick ratio of 1.66 and a debt-to-equity ratio of 12.40. The firm’s 50 day moving average price is GBX 26.72 and its 200-day moving average price is GBX 24.99.

AIREA (LON:AIEA – Get Free Report) last issued its quarterly earnings results on Tuesday, September 29th. The company reported GBX 0.57 EPS for the quarter. AIREA had a net margin of 0.31% and a return on equity of 0.39%.

Insider Buying and Selling

In other AIREA news, insider Mederic Payne sold 161,662 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of GBX 26, for a total value of £42,032.12. Also, insider Conleth Campbell sold 65,186 shares of AIREA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of GBX 26, for a total transaction of £16,948.36. 16.42% of the stock is currently owned by company insiders.

AIREA Company Profile

(Get Free Report)

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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