MediaZest (LON:MDZ) Trading Down 8.4% – Should You Sell?

MediaZest plc (LON:MDZ) shares were down 8.4% on Wednesday . The stock traded as low as GBX 0.08 and last traded at GBX 0.08. Approximately 214,290 shares traded hands during trading, a decline of 98% from the average daily volume of 8,864,975 shares. The stock had previously closed at GBX 0.08.

MediaZest Price Performance

The business’s 50-day moving average price is GBX 0.09 and its 200 day moving average price is GBX 0.08. The company has a quick ratio of 0.28, a current ratio of 0.23 and a debt-to-equity ratio of 229.88. The company has a market capitalization of £1.29 million, a P/E ratio of -76.00 and a beta of 0.89.

Insider Buying and Selling

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

About MediaZest

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.