Ocean Outdoor (LON:OOUT) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Ocean Outdoor Limited (LON:OOUTGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 10.20 ($0.13) and traded as high as GBX 10.20 ($0.13). Ocean Outdoor shares last traded at GBX 10.20 ($0.13), with a volume of 169 shares trading hands.

Ocean Outdoor Price Performance

The firm has a market cap of £5.50 million and a P/E ratio of -14.78. The company has a debt-to-equity ratio of 101.77, a current ratio of 0.76 and a quick ratio of 0.75. The company’s 50-day moving average is GBX 10.20 and its two-hundred day moving average is GBX 10.20.

About Ocean Outdoor

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Ocean Outdoor Limited provides digital out-of-home advertising services in Denmark, Finland, Germany, Netherlands, Norway, Sweden, and the United Kingdom. It creates broadcast and online content for entertaining and influential brand experiences for national audiences. The company was formerly known as Ocelot Partners Limited and changed its name to Ocean Outdoor Limited in March 2018.

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