Purplebricks Group (LON:PURP) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Shares of Purplebricks Group plc (LON:PURP) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.31 ($0.00) and traded as low as GBX 0.25 ($0.00). Purplebricks Group shares last traded at GBX 0.31 ($0.00), with a volume of 16,646,898 shares trading hands.

Purplebricks Group Stock Down 3.1 %

The firm has a market capitalization of £951,111.00, a P/E ratio of -3.10, a PEG ratio of -0.05 and a beta of 2.01. The firm’s 50 day moving average is GBX 0.31 and its two-hundred day moving average is GBX 0.31. The company has a debt-to-equity ratio of 18.34, a current ratio of 1.67 and a quick ratio of 1.99.

Purplebricks Group Company Profile

Purplebricks Group plc engages in the real estate agency business in the United Kingdom. The company provides services and technology to sell or let residential properties in the United Kingdom on behalf of the owner or landlord. It also engages in the letting of residential properties; and the provision of mortgage advisory services.