musicMagpie (LON:MMAG) Stock Price Up 1% – Still a Buy?

musicMagpie plc (LON:MMAGGet Free Report)’s stock price rose 1% during mid-day trading on Thursday . The company traded as high as GBX 0.51 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 3,920,200 shares traded hands during mid-day trading, an increase of 641% from the average daily volume of 529,273 shares. The stock had previously closed at GBX 0.49 ($0.01).

musicMagpie Price Performance

The business’s 50 day moving average is GBX 3.68 and its 200-day moving average is GBX 5.80. The firm has a market capitalization of £488,119.50, a P/E ratio of -7.07 and a beta of 2.47. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 228.70.

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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