Ebiquity (LON:EBQ) Share Price Passes Below 200-Day Moving Average – Here’s Why

Shares of Ebiquity plc (LON:EBQ) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 32.53 ($0.41) and traded as low as GBX 22.07 ($0.28). Ebiquity shares last traded at GBX 22.07 ($0.28), with a volume of 170,000 shares trading hands.

Analysts Set New Price Targets

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

Ebiquity Price Performance

The company has a debt-to-equity ratio of 64.91, a quick ratio of 1.23 and a current ratio of 1.80. The stock’s 50 day simple moving average is GBX 22.15 and its two-hundred day simple moving average is GBX 32.32. The firm has a market capitalization of £30.76 million, a PE ratio of -440.00, a price-to-earnings-growth ratio of 0.75 and a beta of 0.26.

About Ebiquity

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.