ITE Group (LON:ITE) Trading Down 1.6% – Should You Sell?

ITE Group plc (LON:ITE)’s stock price traded down 1.6% on Friday . The company traded as low as GBX 82.10 ($1.05) and last traded at GBX 82.50 ($1.05). 643,581 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 536,393 shares. The stock had previously closed at GBX 83.80 ($1.07).

ITE Group Stock Performance

The company has a market capitalization of £611.83 million and a price-to-earnings ratio of -91.67. The company has a debt-to-equity ratio of 44.28, a current ratio of 0.67 and a quick ratio of 0.51. The stock has a 50 day moving average price of GBX 82.50 and a two-hundred day moving average price of GBX 82.50.

About ITE Group

ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.