Audioboom Group (LON:BOOM) Stock Crosses Below 200-Day Moving Average of $245.00

Audioboom Group plc (LON:BOOM)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 245 ($3.22) and traded as low as GBX 210 ($2.76). Audioboom Group shares last traded at GBX 215 ($2.83), with a volume of 8,445 shares traded.

Audioboom Group Stock 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 company has a 50 day simple moving average of GBX 233.67 and a 200-day simple moving average of GBX 245. The firm has a market cap of £35.22 million, a PE ratio of -457.45 and a beta of 1.21.

Insider Activity at Audioboom Group

In related news, insider Michael Tobin acquired 5,000 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was purchased at an average price of GBX 239 ($3.14) per share, with a total value of £11,950 ($15,713.35). Insiders purchased 17,000 shares of company stock worth $3,889,000 in the last ninety days. 30.32% of the stock is owned by company insiders.

Audioboom Group Company Profile

Audioboom Group plc, a podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States. The company's platform allows content distributed through Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook, and Twitter, as well as a partner's own websites and mobile apps.