Centaur Media (LON:CAU) Shares Up 16.5% - Here's Why

Key Points

• Centaur Media Plc's share price surged by 16.5% on Thursday, reaching a high of GBX 43 ($0.58) before closing at GBX 40.18 ($0.54).
• Trading volume saw a significant increase, with approximately 1.2 million shares exchanged, marking a 698% rise compared to the average daily volume.
• The company, which provides business information and consultancy services, has a market cap of £60.13 million and operates through the segments of Xeim and The Lawyer.

Centaur Media Plc (LON:CAU - Get Free Report) was up 16.5% during mid-day trading on Thursday . The stock traded as high as GBX 43 ($0.58) and last traded at GBX 40.18 ($0.55). Approximately 1,195,085 shares traded hands during trading, an increase of 698% from the average daily volume of 149,829 shares. The stock had previously closed at GBX 34.50 ($0.47).

Centaur Media Price Performance

The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.86 and a current ratio of 0.81. The company has a 50-day simple moving average of GBX 33.67 and a 200-day simple moving average of GBX 30.25. The company has a market cap of £58.95 million, a price-to-earnings ratio of -606.06 and a beta of 0.81.

About Centaur Media

Centaur Media Plc engages in the provision of business information, training, and specialist consultancy to professional and commercial markets in the United Kingdom, rest of Europe, North America, and internationally. It operates through two segments: Xeim and The Lawyer. The company's marketing platforms include Econsultancy, Influencer Intelligence, MW Mini MBA, Festival of Marketing, Marketing Week, Creative Review, Fashion & Beauty Monitor, Oystercatchers, and Foresight News.