ADVFN (LON:AFN) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

ADVFN Plc (LON:AFN)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 12.36 ($0.16) and traded as high as GBX 13 ($0.16). ADVFN shares last traded at GBX 12.78 ($0.16), with a volume of 823 shares changing hands.

ADVFN Price Performance

The company has a market cap of £5.51 million, a price-to-earnings ratio of -5.97 and a beta of 0.75. The company has a quick ratio of 0.55, a current ratio of 3.29 and a debt-to-equity ratio of 0.52. The company’s fifty day moving average price is GBX 12.35 and its two-hundred day moving average price is GBX 16.99.

ADVFN (LON:AFN) last announced its earnings results on Thursday, November 21st. The company reported GBX (1.85) (($0.02)) EPS for the quarter. ADVFN had a negative return on equity of 20.50% and a negative net margin of 20.67%.

Insiders Place Their Bets

In related news, insider Amit Tauman acquired 30,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were bought at an average cost of GBX 10 ($0.13) per share, with a total value of £3,000 ($3,775.96). Insiders own 53.01% of the company’s stock.

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.