TLA Worldwide (LON:TLA) Shares Pass Below 200-Day Moving Average – Should You Sell?

TLA Worldwide Plc (LON:TLA)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.70 ($0.02) and traded as low as GBX 1.38 ($0.02). TLA Worldwide shares last traded at GBX 1.70 ($0.02), with a volume of 2,672,752 shares trading hands.

TLA Worldwide Stock Up 13.3 %

The company has a debt-to-equity ratio of 161.43, a current ratio of 0.72 and a quick ratio of 0.07. The firm’s 50 day moving average price is GBX 1.70 and its two-hundred day moving average price is GBX 1.70. The firm has a market cap 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.