Everyman Media Group (LON:EMAN) Shares Pass Below Fifty Day Moving Average – What’s Next?

Everyman Media Group plc (LON:EMAN)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 57 ($0.76) and traded as low as GBX 56 ($0.75). Everyman Media Group shares last traded at GBX 59 ($0.79), with a volume of 34 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 200 ($2.68) price target on shares of Everyman Media Group in a research report on Thursday, July 25th.

Everyman Media Group Trading Down 2.6 %

The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 291.12. The business has a 50 day simple moving average of GBX 57.21 and a two-hundred day simple moving average of GBX 54.95. The company has a market cap of £51.06 million, a PE ratio of -1,866.67 and a beta of 1.18.

Insider Transactions at Everyman Media Group

In other Everyman Media Group news, insider Michael Rosehill purchased 750,000 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were bought at an average price of GBX 53 ($0.71) per share, with a total value of £397,500 ($531,701.44). Insiders own 61.84% of the company’s stock.

Everyman Media Group Company Profile

Everyman Media Group plc, together with its subsidiaries, engages in the ownership and management of cinemas in the United Kingdom. The company operates a network of 38 venues with 130 screens under the Everyman brand name. It is also involved in the property management business. The company was formerly known as Finlaw Two Plc and changed its name to Everyman Media Group plc in October 2013.