Audioboom Group (LON:BOOM) Share Price Crosses Below 200-Day Moving Average of $518.80

Audioboom Group plc (LON:BOOM – Get Rating)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 518.80 ($6.32) and traded as low as GBX 401 ($4.89). Audioboom Group shares last traded at GBX 445 ($5.42), with a volume of 43,497 shares changing hands.

Audioboom Group Price Performance

The company has a quick ratio of 1.77, a current ratio of 1.97 and a debt-to-equity ratio of 6.85. The firm has a fifty day moving average price of GBX 453.55 and a two-hundred day moving average price of GBX 518.80. The stock has a market capitalization of £72.62 million, a P/E ratio of 1,202.70 and a beta of 1.26.

Insider Buying and Selling at Audioboom Group

In related news, insider Michael Tobin acquired 2,380 shares of the stock in a transaction dated Monday, January 23rd. The shares were purchased at an average cost of GBX 420 ($5.12) per share, with a total value of £9,996 ($12,182.82). Insiders bought a total of 11,594 shares of company stock worth $4,651,233 in the last three months. 56.82% of the stock is currently owned by company insiders.

Audioboom Group Company Profile

(Get Rating)

Audioboom Group plc, a podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States. The company's platform allows content distributed through Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook, and Twitter, as well as a partner's own websites and mobile apps.