musicMagpie (LON:MMAG) Shares Up 51.2%

musicMagpie plc (LON:MMAGGet Free Report) shot up 51.2% during trading on Wednesday . The stock traded as high as GBX 8.93 ($0.12) and last traded at GBX 8.70 ($0.12). 2,586,702 shares traded hands during mid-day trading, an increase of 410% from the average session volume of 506,968 shares. The stock had previously closed at GBX 5.75 ($0.08).

musicMagpie Stock Performance

The company has a debt-to-equity ratio of 228.70, a quick ratio of 0.84 and a current ratio of 1.52. The company’s 50-day moving average price is GBX 5.74 and its 200 day moving average price is GBX 6.43. The stock has a market capitalization of £8.46 million, a PE ratio of -85.71 and a beta of 2.47.

musicMagpie Company Profile

(Get Free Report)

musicMagpie plc engages in the re-commerce of consumer technology, books, and disc media products in the United Kingdom and the United States. The company buys, refurbishes, rents, and sells consumer technology products, including smartphones, tablets, consoles, wearables, and personal computers; and CDs, DVDs, Blu-rays, and video games.

Further Reading

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