SpaceandPeople (LON:SAL) Stock Passes Below Fifty Day Moving Average – Should You Sell?

SpaceandPeople plc (LON:SAL) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 219.81 and traded as low as GBX 201. SpaceandPeople shares last traded at GBX 207.40, with a volume of 19,825 shares trading hands.

SpaceandPeople Stock Performance

The firm has a fifty day simple moving average of GBX 219.81 and a 200-day simple moving average of GBX 180.45. The company has a quick ratio of 0.61, a current ratio of 0.53 and a debt-to-equity ratio of 38.44. The company has a market cap of £4.00 million, a PE ratio of 8.61, a price-to-earnings-growth ratio of 5.51 and a beta of 0.82.

Insider Buying and Selling

In other SpaceandPeople news, insider Nancy J. Cullen sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of GBX 242, for a total value of £60,500. 26.29% of the stock is currently owned by company insiders.

SpaceandPeople Company Profile

SpaceandPeople plc markets and sells promotional and retail licensing space on behalf of shopping centers, retail parks, railway stations, and other venues in the United Kingdom and Germany. It operates in two segments, Promotional Sales and Retail. The company markets, sells, and administers promotional space, as well as on-mall and short-term retail space in footfall venues, including shopping centers, garden centers, city centres, retail parks, travel hubs, and train stations. It also offers promotional kiosk, a digital experiential platform for promotional activities of companies; and leases retail merchandising units.