Shares of Arena Events Group PLC (LON:ARE) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 29.03 ($0.38) and last traded at GBX 30 ($0.39), with a volume of 172070 shares trading hands. The stock had previously closed at GBX 30.75 ($0.40).
The company’s fifty day simple moving average is GBX 36.56. The firm has a market capitalization of $45.81 million and a price-to-earnings ratio of -18.75. The company has a quick ratio of 0.74, a current ratio of 1.05 and a debt-to-equity ratio of 38.19.
About Arena Events Group (LON:ARE)
Arena Events Group plc, through its subsidiaries, provides event rental solutions. It specializes in providing temporary event environments, large-scale event project management, and specialist event equipment. It provides temporary structures, such as simple marquees, triple deck temporary buildings, indoor and outdoor temporary seats, interiors, furniture, and ice rinks, as well as tableware under the Well Dressed Tables brand.
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