Audioboom Group (LON:BOOM) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Audioboom Group plc (LON:BOOMGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 379.87 ($4.73) and traded as high as GBX 485.62 ($6.05). Audioboom Group shares last traded at GBX 485.62 ($6.05), with a volume of 206,741 shares.

Audioboom Group Price Performance

The company has a current ratio of 1.06, a quick ratio of 1.77 and a debt-to-equity ratio of 69.63. The stock’s 50-day moving average is GBX 379.87 and its two-hundred day moving average is GBX 276.81. The company has a market capitalization of £86.81 million, a PE ratio of -1,104.17 and a beta of 1.21.

Insider Buying and Selling at Audioboom Group

In related news, insider Michael Tobin acquired 2,700 shares of the stock in a transaction on Friday, January 31st. The stock was bought at an average cost of GBX 370 ($4.61) per share, with a total value of £9,990 ($12,439.30). Insiders have acquired 10,000 shares of company stock valued at $3,282,400 in the last quarter. 30.13% of the stock is owned by insiders.

About Audioboom Group

(Get Free Report)

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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