Everyman Media Group (LON:EMAN) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Everyman Media Group plc (LON:EMAN)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 57.55 ($0.75) and traded as high as GBX 59 ($0.77). Everyman Media Group shares last traded at GBX 56.17 ($0.74), with a volume of 5,154 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 200 ($2.62) target price on shares of Everyman Media Group in a report on Thursday, July 25th.

Everyman Media Group Stock Down 2.3 %

The stock has a market cap of £51.21 million, a PE ratio of -1,872.17 and a beta of 1.18. The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 317.53. The business has a 50-day moving average price of GBX 57.59 and a 200-day moving average price of GBX 54.97.

Insider Activity

In other news, insider Michael Rosehill purchased 750,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was bought at an average price of GBX 53 ($0.69) per share, for a total transaction of £397,500 ($520,219.87). Company insiders own 61.84% of the company’s stock.

Everyman Media Group Company Profile

Everyman Media Group plc, together with its subsidiaries, engages in the ownership and management of cinemas in the United Kingdom. The company operates a network of 38 venues with 130 screens under the Everyman brand name. It is also involved in the property management business. The company was formerly known as Finlaw Two Plc and changed its name to Everyman Media Group plc in October 2013.