XLMedia (LON:XLM) Shares Cross Below 200 Day Moving Average of $35.61

XLMedia PLC (LON:XLMGet Rating)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 35.61 ($0.45) and traded as low as GBX 29.71 ($0.37). XLMedia shares last traded at GBX 30.25 ($0.38), with a volume of 62,260 shares.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 76 ($0.96) target price on shares of XLMedia in a report on Friday, April 22nd.

The company has a quick ratio of 0.87, a current ratio of 0.94 and a debt-to-equity ratio of 1.42. The company has a market cap of £77.32 million and a P/E ratio of 16.53. The company has a fifty day moving average of GBX 32.21 and a 200 day moving average of GBX 35.46.

About XLMedia (LON:XLM)

XLMedia PLC, a digital performance publisher, attracts traffic from various online channels and directs them to online businesses in Scandinavia, other European countries, North America, Asia, Oceania, and internationally. It owns approximately 100 informational websites in 18 languages across various industry verticals, including gambling, sports betting, personal finance, and others.

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