MediaZest (LON:MDZ) Stock Price Down 11.1% – Should You Sell?

Shares of MediaZest plc (LON:MDZ) were down 11.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.08 and last traded at GBX 0.08. Approximately 6,549,130 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 7,233,123 shares. The stock had previously closed at GBX 0.09.

MediaZest Trading Up 6.7%

The stock has a market cap of £1.63 million, a P/E ratio of -96.00 and a beta of 0.89. The company has a debt-to-equity ratio of 229.88, a current ratio of 0.23 and a quick ratio of 0.28. The business’s 50 day simple moving average is GBX 0.09 and its 200 day simple moving average is GBX 0.08.

Insider Buying and Selling

In other news, insider James Abdool bought 5,882,353 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £58,823.53. 0.19% of the stock is currently owned by company insiders.

MediaZest Company Profile

MediaZest is a creative audio-visual solutions provider that specialises in delivering innovative digital signage and audio systems to leading retailers, brand owners and corporations. The Group offers an integrated service from content creation and system design to installation, technical support, and maintenance. MediaZest was admitted to the London Stock Exchange’s AIM in February 2005.