Immediate Acquisition (LON:IME) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Immediate Acquisition Plc (LON:IMEGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 17.75 ($0.24) and traded as low as GBX 17.70 ($0.24). Immediate Acquisition shares last traded at GBX 17.75 ($0.24), with a volume of 379,658 shares changing hands.

Immediate Acquisition Trading Up 1.4 %

The firm has a 50-day moving average of GBX 17.75 and a two-hundred day moving average of GBX 17.75. The firm has a market capitalization of £6.67 million and a P/E ratio of -6.12. The company has a current ratio of 1.78, a quick ratio of 1.03 and a debt-to-equity ratio of 1.98.

About Immediate Acquisition

(Get Free Report)

Immediate Acquisition Plc does not have significant operations. Previously, the company was engaged in the marketing and communication service business. The company was formerly known as Immedia Group Plc and changed its name to Immediate Acquisition Plc in May 2022. Immediate Acquisition Plc was founded in 2000 and is based in London, the United Kingdom.

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