AIREA (LON:AIEA) Stock Price Down 2.3% – Time to Sell?

Shares of AIREA plc (LON:AIEAGet Free Report) fell 2.3% on Thursday . The stock traded as low as GBX 20.83 ($0.26) and last traded at GBX 21.50 ($0.27). 34,201 shares were traded during mid-day trading, an increase of 70% from the average session volume of 20,147 shares. The stock had previously closed at GBX 22 ($0.28).

AIREA Stock Performance

The company’s 50-day moving average price is GBX 24.91 and its two-hundred day moving average price is GBX 27.51. The company has a debt-to-equity ratio of 12.40, a quick ratio of 1.66 and a current ratio of 2.98. The stock has a market cap of £8.30 million, a PE ratio of 1,300.00 and a beta of 1.08.

Insider Buying and Selling

In related news, insider Conleth Campbell bought 60,000 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were acquired at an average cost of GBX 27 ($0.34) per share, with a total value of £16,200 ($20,308.39). 54.06% of the stock is owned by corporate insiders.

About AIREA

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AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand name.

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