Ebiquity (LON:EBQ) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Ebiquity plc (LON:EBQ)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 34.33 ($0.45) and traded as low as GBX 19.50 ($0.25). Ebiquity shares last traded at GBX 20.65 ($0.27), with a volume of 3,616,000 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Ebiquity in a research report on Tuesday, September 24th.

Ebiquity Stock Performance

The firm has a market cap of £28.03 million, a price-to-earnings ratio of -413.00, a price-to-earnings-growth ratio of 0.75 and a beta of 0.26. The company has a current ratio of 1.80, a quick ratio of 1.23 and a debt-to-equity ratio of 64.91. The stock’s 50 day moving average is GBX 23.64 and its 200 day moving average is GBX 34.33.

Ebiquity Company Profile

Ebiquity plc provides media consultancy and investment analysis services in the United Kingdom, Ireland, North America, Continental Europe, and the Asia Pacific. It offers analysis and advisory services in the areas of media management, media performance, marketing effectiveness, technology advisory, and contract compliance services.