Elixirr International (LON:ELIX) Trading Down 0.8% - Should You Sell?

Key Points

• Elixirr International shares fell by 0.8%, trading at approximately GBX 710 ($9.48) during mid-day trading, with a significant decline in trading volume.
• The company has a market cap of £338.12 million, a P/E ratio of 19.86, and notable financial ratios indicating a solid current and quick liquidity position.
• Insider Gavin Patterson sold 60,000 shares at an average price of GBX 810 ($10.82), worth £486,000 ($649,211.86), suggesting confidence in the company even as share prices decline.

Shares of Elixirr International plc (LON:ELIX - Get Free Report) traded down 0.8% during trading on Wednesday . The company traded as low as GBX 700 ($9.41) and last traded at GBX 710 ($9.55). 13,060 shares were traded during mid-day trading, a decline of 89% from the average session volume of 116,457 shares. The stock had previously closed at GBX 716 ($9.63).

Elixirr International Price Performance

The business's 50 day moving average price is GBX 719.14 and its 200-day moving average price is GBX 733.61. The company has a quick ratio of 1.29, a current ratio of 1.51 and a debt-to-equity ratio of 3.90. The company has a market cap of £347.78 million, a PE ratio of 20.43 and a beta of 0.63.

Insider Buying and Selling

In other news, insider Gavin Patterson sold 60,000 shares of Elixirr International stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of GBX 810 ($10.89), for a total value of £486,000 ($653,665.10). 51.82% of the stock is owned by company insiders.

Elixirr International Company Profile

We're an award-winning, global consulting firm working with clients across a diverse range of markets, industries and geographies. In short, we take on our clients' toughest challenges, building businesses that redefine industries. We're a high-performance, hand-selected team of industry professionals, subject matter experts, career consultants, designers and developers.