Purplebricks Group (LON:PURP) Share Price Passes Below 50-Day Moving Average of $0.31

Purplebricks Group is a UK-based online estate agent that operates in Australia and India as well. The company's stock ticker symbol is LONPURP and it is listed on the London Stock Exchange (LSE).

As of August 2021, the 50-day moving average of Purplebricks Group's share price was $0.31. However, on August 19th, 2021, the company's share price closed at $0.28, which is below the 50-day moving average. This indicates that the stock has been experiencing a downward trend in recent days.

It's worth noting that the stock market can be volatile and subject to fluctuations due to various factors such as economic conditions, company performance, and global events. Therefore, it's important for investors to carefully monitor their investments and make informed decisions based on their financial goals and risk tolerance.