Immediate Acquisition (LON:IME) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Immediate Acquisition Plc (LON:IMEGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 17.75 ($0.23) and traded as low as GBX 17.70 ($0.23). Immediate Acquisition shares last traded at GBX 17.75 ($0.23), with a volume of 379,658 shares changing hands.

Immediate Acquisition Stock Performance

The company has a market capitalization of £6.67 million and a price-to-earnings ratio of -6.12. The company has a quick ratio of 1.03, a current ratio of 1.78 and a debt-to-equity ratio of 1.98. The stock has a 50 day moving average of GBX 17.75 and a 200 day moving average of GBX 17.75.

Immediate Acquisition Company Profile

(Get Free Report)

Immediate Acquisition Plc does not have significant operations. Previously, the company was engaged in the marketing and communication service business. The company was formerly known as Immedia Group Plc and changed its name to Immediate Acquisition Plc in May 2022. Immediate Acquisition Plc was founded in 2000 and is based in London, the United Kingdom.

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