SpaceandPeople (LON:SAL) Shares Pass Below 50 Day Moving Average – Here’s What Happened

SpaceandPeople plc (LON:SAL)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 93.38 ($1.21) and traded as low as GBX 87.50 ($1.13). SpaceandPeople shares last traded at GBX 88 ($1.14), with a volume of 5,000 shares.

SpaceandPeople Stock Performance

The business’s 50 day simple moving average is GBX 93.38 and its 200 day simple moving average is GBX 90.28. The company has a current ratio of 0.54, a quick ratio of 0.61 and a debt-to-equity ratio of 42.19. The company has a market cap of £1.62 million, a P/E ratio of 550.00, a PEG ratio of 5.51 and a beta of 0.82.

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.