Arena Events Group (LON:ARE) Hits New 52-Week Low at $29.00

Arena Events Group PLC (LON:ARE) hit a new 52-week low on Monday . The company traded as low as GBX 29 ($0.38) and last traded at GBX 29.75 ($0.39), with a volume of 199211 shares. The stock had previously closed at GBX 29.75 ($0.39).

The company has a market capitalization of $45.43 million and a P/E ratio of -18.59. The company has a debt-to-equity ratio of 38.19, a current ratio of 1.05 and a quick ratio of 0.74. The stock’s 50 day simple moving average is GBX 35.45 and its two-hundred day simple moving average is GBX 36.23.

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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