ADVFN (LON:AFN) Shares Pass Below 50-Day Moving Average – What’s Next?

ADVFN Plc (LON:AFN)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 13.35 ($0.16) and traded as low as GBX 10.50 ($0.13). ADVFN shares last traded at GBX 10.50 ($0.13), with a volume of 2,000 shares changing hands.

ADVFN Trading Down 4.5 %

The stock’s fifty day moving average price is GBX 13.35 and its 200 day moving average price is GBX 17.02. The company has a quick ratio of 0.55, a current ratio of 3.32 and a debt-to-equity ratio of 0.52. The stock has a market cap of £4.86 million, a PE ratio of -262.50 and a beta of 0.75.

Insider Activity at ADVFN

In related news, insider Amit Tauman acquired 30,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of GBX 10 ($0.12) per share, for a total transaction of £3,000 ($3,670.62). 53.01% of the stock is owned by insiders.

ADVFN Company Profile

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.