AIREA (LON:AIEA) Trading Down 2.4% – Here’s Why

AIREA plc (LON:AIEA) dropped 2.4% on Friday . The company 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 mid-day 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 firm has a market capitalization of £7.91 million, a P/E ratio of 1,300.00 and a beta of 1.08. The company has a 50-day moving average of GBX 23.84 and a 200-day moving average of GBX 26.43. The company has a current ratio of 2.98, a quick ratio of 1.66 and a debt-to-equity ratio of 12.40.

Insider Activity

In other news, insider Conleth Campbell acquired 60,000 shares of AIREA stock in a transaction dated Thursday, September 26th. The shares were bought at an average cost of GBX 27 ($0.34) per share, with a total value of £16,200 ($20,446.80). Insiders own 54.06% of the company’s stock.

AIREA Company Profile

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.