musicMagpie (LON:MMAG) Trading 2% Higher – Here’s Why

musicMagpie plc (LON:MMAGGet Free Report)’s stock price was up 2% during trading on Friday . The company traded as high as GBX 0.51 ($0.01) and last traded at GBX 0.51 ($0.01). Approximately 2,209,800 shares changed hands during mid-day trading, an increase of 318% from the average daily volume of 529,273 shares. The stock had previously closed at GBX 0.50 ($0.01).

musicMagpie Price Performance

The firm has a market capitalization of £502,911.00, a PE ratio of -7.29 and a beta of 2.47. The business’s 50 day simple moving average is GBX 0.99 and its 200 day simple moving average is GBX 5.15. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 228.70.

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.

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