Audioboom Group plc (LON:BOOM - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 351.75 ($4.74) and traded as low as GBX 297 ($4.01). Audioboom Group shares last traded at GBX 309.40 ($4.17), with a volume of 203,568 shares trading hands.
Audioboom Group Stock Performance
The stock has a 50 day moving average of GBX 350.90 and a two-hundred day moving average of GBX 412.25. The company has a debt-to-equity ratio of 69.63, a current ratio of 1.06 and a quick ratio of 1.77. The stock has a market capitalization of £61.39 million, a PE ratio of -6.03 and a beta of 1.21.
Insider Buying and Selling
In other Audioboom Group news, insider Michael Tobin sold 3,450 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of GBX 290 ($3.91), for a total transaction of £10,005 ($13,492.92). Insiders own 30.13% of the company's stock.
About Audioboom Group
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Audioboom is a global leader in podcasting – our shows are downloaded more than 98 million times each month by 30 million unique listeners around the world. Audioboom is ranked as the fourth largest podcast publisher in the US by Triton Digital.
Audioboom's ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including ‘Casefile True Crime' (US), ‘Morbid' (US), ‘True Crime Obsessed' (US), ‘The Morning Toast' (US), ‘No Such Thing As A Fish' (UK), and ‘The Cycling Podcast' (UK).
The Audioboom Originals Network is a slate of content developed and produced by Audioboom including ‘Dark Air with Terry Carnation', ‘RELAX!', ‘Baby Mamas No Dramas', ‘Covert', ‘It's Happening with Snooki & Joey', ‘Mafia', ‘Huddled Masses' and ‘What Makes A Killer'.
Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia.
Further Reading
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