Aeorema Communications (LON:AEO) Share Price Passes Below 200-Day Moving Average – Here’s Why

Aeorema Communications plc (LON:AEO)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 56.72 ($0.70) and traded as low as GBX 52.03 ($0.65). Aeorema Communications shares last traded at GBX 52.35 ($0.65), with a volume of 3,246 shares changing hands.

Aeorema Communications Price Performance

The business’s 50-day moving average is GBX 55.27 and its two-hundred day moving average is GBX 56.72. The company has a debt-to-equity ratio of 27.72, a quick ratio of 1.12 and a current ratio of 1.43. The firm has a market capitalization of £5.10 million, a price-to-earnings ratio of 1,783.33 and a beta of 0.91.

Aeorema Communications Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, January 20th. Shareholders of record on Tuesday, December 24th will be paid a GBX 3 ($0.04) dividend. This represents a yield of 5.61%. The ex-dividend date of this dividend is Tuesday, December 24th. Aeorema Communications’s dividend payout ratio is presently 10,000.00%.

About Aeorema Communications

Aeorema Communications plc, a live events agency, devises and delivers corporate communication solutions in the United Kingdom, the United States, and internationally. It assists clients with venue sourcing, event management, and incentive travel. The company was formerly known as Cheerful Scout plc and changed its name to Aeorema Communications plc in December 2011.