Aeorema Communications (LON:AEO) Shares Up 0.9% – Still a Buy?

Shares of Aeorema Communications plc (LON:AEO) shot up 0.9% during trading on Wednesday . The company traded as high as GBX 58 ($0.73) and last traded at GBX 56.50 ($0.71). 93,825 shares changed hands during mid-day trading, an increase of 469% from the average session volume of 16,488 shares. The stock had previously closed at GBX 56 ($0.71).

Aeorema Communications Price Performance

The company has a fifty day moving average price of GBX 54.10 and a two-hundred day moving average price of GBX 56.89. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 27.72. The company has a market cap of £5.72 million, a price-to-earnings ratio of 1,933.33 and a beta of 0.91.

Aeorema Communications Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 20th. Shareholders of record on Tuesday, December 24th will be issued a GBX 3 ($0.04) dividend. This represents a yield of 5.61%. The ex-dividend date of this dividend is Tuesday, December 24th. Aeorema Communications’s dividend payout ratio (DPR) is presently 10,000.00%.

About Aeorema Communications

Aeorema Communications plc, a live events agency, devises and delivers corporate communication solutions in the United Kingdom, the United States, and internationally. It assists clients with venue sourcing, event management, and incentive travel. The company was formerly known as Cheerful Scout plc and changed its name to Aeorema Communications plc in December 2011.