TLA Worldwide (LON:TLA) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Shares of TLA Worldwide Plc (LON:TLA) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.70 ($0.02) and traded as high as GBX 1.86 ($0.02). TLA Worldwide shares last traded at GBX 1.70 ($0.02), with a volume of 2,672,752 shares.

TLA Worldwide Trading Up 13.3 %

The company has a debt-to-equity ratio of 161.43, a quick ratio of 0.07 and a current ratio of 0.72. The company’s 50 day moving average is GBX 1.70 and its 200 day moving average is GBX 1.70. The stock has a market capitalization of £2.44 million and a price-to-earnings ratio of -0.09.

TLA Worldwide Company Profile

TLA Worldwide plc, together with its subsidiaries, operates as an integrated talent representation and sports marketing company in the United Kingdom, North America, and Australia. It operates through two segments, Baseball Representation and Sports Marketing. The company assists the on-field activities of baseball players, including various aspects of a player's contract negotiation; assists the on-field and off-field activities of athletes; represents broadcasters and coaches in respect of their contract negotiations; and manages and produces events primarily in sports.