MediaZest (LON:MDZ) Shares Up 15% – What’s Next?

MediaZest plc (LON:MDZ) shares traded up 15% on Thursday . The company traded as high as GBX 0.12 and last traded at GBX 0.12. 28,918,869 shares traded hands during mid-day trading, an increase of 122% from the average session volume of 13,046,867 shares. The stock had previously closed at GBX 0.10.

MediaZest Price Performance

The company has a debt-to-equity ratio of 229.88, a quick ratio of 0.28 and a current ratio of 0.23. The business has a 50 day simple moving average of GBX 0.09 and a 200-day simple moving average of GBX 0.09. The firm has a market cap of £1.95 million, a price-to-earnings ratio of -115.00 and a beta of 0.89.

Insider Activity

In related news, insider James Abdool purchased 5,882,353 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £58,823.53. 0.86% of the stock is currently owned by 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.