Audioboom Group plc (LON:BOOM - Get Free Report) rose 12.9% during mid-day trading on Monday . The company traded as high as GBX 390 ($5.30) and last traded at GBX 389.50 ($5.29). Approximately 183,428 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 117,605 shares. The stock had previously closed at GBX 345 ($4.68).
Audioboom Group Price Performance
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 £74.93 million, a price-to-earnings ratio of -7.36 and a beta of 1.21. The stock's 50 day simple moving average is GBX 349.50 and its 200-day simple moving average is GBX 403.43.
Insider Transactions at Audioboom Group
In other Audioboom Group news, insider Michael Tobin purchased 3,040 shares of the stock in a transaction on Thursday, July 17th. The shares were purchased at an average price of GBX 325 ($4.41) per share, with a total value of £9,880 ($13,416.62). Company insiders own 30.13% of the company's stock.
Audioboom Group Company Profile
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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.
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