Ocean Outdoor (LON:OOUT) Trading 0.4% Higher

Shares of Ocean Outdoor Limited (LON:OOUTGet Rating) were up 0.4% on Thursday . The company traded as high as GBX 9.98 ($0.12) and last traded at GBX 9.98 ($0.12). Approximately 10,000 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 54,968 shares. The stock had previously closed at GBX 9.94 ($0.12).

Separately, Barclays lifted their price objective on shares of Ocean Outdoor from GBX 1,115 ($13.75) to GBX 1,120 ($13.81) and gave the company an “equal weight” rating in a report on Thursday, February 17th.

The firm has a market cap of £5.38 million and a PE ratio of -2.56. The company has a debt-to-equity ratio of 117.32, a quick ratio of 0.59 and a current ratio of 0.64. The firm’s 50-day moving average price is GBX 9.58 and its two-hundred day moving average price is GBX 9.64.

About Ocean Outdoor (LON:OOUT)

Ocean Outdoor Limited provides digital out-of-home advertising services in Denmark, Finland, Germany, Netherlands, Norway, Sweden, and the United Kingdom. It creates broadcast and online content for entertaining and influential brand experiences for national audiences. The company was formerly known as Ocelot Partners Limited and changed its name to Ocean Outdoor Limited in March 2018.

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