Feedback (LON:FDBK) Stock Passes Above 50-Day Moving Average – Time to Sell?

Feedback plc (LON:FDBK)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 18.82 ($0.23) and traded as high as GBX 19.50 ($0.24). Feedback shares last traded at GBX 19.50 ($0.24), with a volume of 13,925 shares changing hands.

Feedback Stock Performance

The stock has a market capitalization of £2.60 million, a price-to-earnings ratio of -78.00 and a beta of 0.77. The business’s 50 day simple moving average is GBX 18.82 and its 200-day simple moving average is GBX 37.66.

Feedback (LON:FDBK) last released its quarterly earnings results on Monday, November 4th. The company reported GBX (24.74) (($0.31)) earnings per share for the quarter. Feedback had a negative net margin of 279.16% and a negative return on equity of 35.63%. As a group, sell-side analysts expect that Feedback plc will post -8 EPS for the current year.

Insiders Place Their Bets

In other news, insider Philipp Prince sold 20,232 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of GBX 20 ($0.25), for a total value of £4,046.40 ($5,025.34). 10.75% of the stock is currently owned by insiders.

About Feedback

Feedback plc (AIM: FDBK) provides innovative software and systems through its trading subsidiary, Feedback Medical.

Feedback liberates data and knowledge from multiple healthcare IT systems and delivers better workflows to enable clinicians to communicate, collaborate and provide the best healthcare for their patients.