Mirriad Advertising (LON:MIRI) Trading Up 20% – Still a Buy?

Shares of Mirriad Advertising plc (LON:MIRIGet Free Report) rose 20% during mid-day trading on Tuesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 23,041,023 shares were traded during trading, an increase of 491% from the average daily volume of 3,898,458 shares. The stock had previously closed at GBX 0.14 ($0.00).

Mirriad Advertising Stock Performance

The stock’s 50-day moving average price is GBX 0.27 and its 200-day moving average price is GBX 0.58. The company has a debt-to-equity ratio of 0.58, a quick ratio of 6.88 and a current ratio of 4.98. The company has a market capitalization of £1.71 million, a price-to-earnings ratio of -8.15 and a beta of 1.10.

Mirriad Advertising Company Profile

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Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies in the United Kingdom, the United States, China, and India. It inserts advertising imagery, such as signage, products, or videos into pre-existing video content. The company was incorporated in 2015 and is based in London, the United Kingdom.

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