Audioboom Group (LON:BOOM) Trading Up 14.6% – Time to Buy?

Audioboom Group plc (LON:BOOMGet Free Report) traded up 14.6% during trading on Tuesday . The stock traded as high as GBX 370 ($4.90) and last traded at GBX 364 ($4.82). 582,903 shares changed hands during trading, an increase of 296% from the average session volume of 147,301 shares. The stock had previously closed at GBX 317.50 ($4.20).

Audioboom Group Price Performance

The company has a current ratio of 1.06, a quick ratio of 1.77 and a debt-to-equity ratio of 69.63. The firm has a market capitalization of £73.84 million, a PE ratio of -7.25 and a beta of 1.21. The firm’s fifty day moving average price is GBX 494.51 and its 200 day moving average price is GBX 367.89.

Insider Activity

In other Audioboom Group news, insider Michael Tobin bought 2,300 shares of Audioboom Group stock in a transaction dated Monday, February 3rd. The stock was acquired at an average cost of GBX 358 ($4.74) per share, for a total transaction of £8,234 ($10,898.74). Insiders purchased a total of 9,100 shares of company stock valued at $3,194,600 in the last quarter. 30.13% of the stock is currently owned by company insiders.

Audioboom Group Company Profile

(Get Free Report)

Audioboom is a global leader in podcasting – our shows are downloaded more than 98 million times each month by 30 million unique listeners around the world. Audioboom is ranked as the fourth largest podcast publisher in the US by Triton Digital.

Audioboom’s ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including ‘Casefile True Crime’ (US), ‘Morbid’ (US), ‘True Crime Obsessed’ (US), ‘The Morning Toast’ (US), ‘No Such Thing As A Fish’ (UK), and ‘The Cycling Podcast’ (UK).

The Audioboom Originals Network is a slate of content developed and produced by Audioboom including ‘Dark Air with Terry Carnation’, ‘RELAX!’, ‘Baby Mamas No Dramas’, ‘Covert’, ‘It’s Happening with Snooki & Joey’, ‘Mafia’, ‘Huddled Masses’ and ‘What Makes A Killer’.

Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia.

Further Reading

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