Audioboom Group (LON:BOOM) Share Price Crosses Below 50-Day Moving Average of $232.58

Audioboom Group PLC (LON:BOOM)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $232.58 and traded as low as $197.52. Audioboom Group shares last traded at $210.00, with a volume of 8,700 shares trading hands.

The stock has a market cap of $29.41 million and a PE ratio of -2.95. The business has a 50-day moving average price of GBX 232.63 and a 200-day moving average price of GBX 71.28.

In other Audioboom Group news, insider Michael Tobin bought 232 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of GBX 203 ($2.65) per share, for a total transaction of £470.96 ($615.39). Insiders have bought a total of 15,948 shares of company stock worth $3,492,740 in the last quarter.

About Audioboom Group (LON:BOOM)

Audioboom Group plc operates an audio platform for hosting, distributing and monetizing content. The Company works with approximately 2,400 active broadcasters, content creators and podcasters around the world, and hosts in over 7,400 content channels. The Company’s hosting and distribution platform allows partners to embed, share through social channels and re-syndicate their content.

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