musicMagpie (LON:MMAG) Shares Down 1.9% – Here’s What Happened

musicMagpie plc (LON:MMAGGet Free Report)’s share price fell 1.9% during trading on Wednesday . The company traded as low as GBX 0.48 ($0.01) and last traded at GBX 0.51 ($0.01). 3,858,300 shares traded hands during mid-day trading, an increase of 629% from the average session volume of 529,273 shares. The stock had previously closed at GBX 0.52 ($0.01).

musicMagpie Trading Down 1.9 %

The firm’s 50 day simple moving average is GBX 6.32 and its two-hundred day simple moving average is GBX 6.52. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 228.70. The stock has a market cap of £502,911.00, a P/E ratio of -7.29 and a beta of 2.47.

About musicMagpie

(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.

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