Cloudbuy (LON:CBUY) Stock Price Up 50% – Here’s Why

Shares of Cloudbuy PLC (LON:CBUYGet Free Report) shot up 50% on Thursday . The stock traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). 2,759,306 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 5,306,667 shares. The stock had previously closed at GBX 0.10 ($0.00).

Cloudbuy Trading Up 50.0 %

The company has a market capitalization of £195,649.50 and a price-to-earnings ratio of -0.13. The firm’s 50 day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.15.

About Cloudbuy

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cloudBuy plc, together with its subsidiaries, provides an integrated software platform for e-procurement and e-commerce in the United Kingdom. Its software platform enables the trading of goods and services between purchasers, such as public sector bodies and their suppliers; facilitates in the analysis and coding of spend and product data; and offers incorporation, company secretary, and annual returns filing services to new businesses.

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