Purplebricks Group (LON:PURP) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Purplebricks Group plc (LON:PURP)’s share price passed below its 50-day moving average during trading on Wednesday . 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.

Purplebricks Group Price Performance

The company has a market capitalization of £951,111.00, a price-to-earnings ratio of -3.10, a PEG ratio of -0.05 and a beta of 2.01. The company’s 50 day simple moving average is GBX 0.31 and its 200-day simple moving average is GBX 0.31. The company has a current ratio of 1.67, a quick ratio of 1.99 and a debt-to-equity ratio of 18.34.

About Purplebricks Group

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.