AIREA (LON:AIEA) Trading Down 2.4% – Should You Sell?

AIREA plc (LON:AIEA)’s share price was down 2.4% during trading on Friday . The stock traded as low as GBX 20.32 ($0.26) and last traded at GBX 20.50 ($0.26). Approximately 19,733 shares traded hands during trading, a decline of 5% from the average daily volume of 20,777 shares. The stock had previously closed at GBX 21 ($0.27).

AIREA Stock Performance

The company has a debt-to-equity ratio of 12.40, a quick ratio of 1.66 and a current ratio of 2.98. The stock has a fifty day simple moving average of GBX 23.84 and a two-hundred day simple moving average of GBX 26.43. The stock has a market cap of £7.91 million, a PE ratio of 1,300.00 and a beta of 1.08.

Insider Transactions at AIREA

In other AIREA news, insider Conleth Campbell purchased 60,000 shares of AIREA stock in a transaction that occurred on Thursday, September 26th. The stock was purchased at an average price of GBX 27 ($0.34) per share, with a total value of £16,200 ($20,446.80). Corporate insiders own 54.06% of the company’s stock.

About AIREA

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand name.