Audioboom Group (LON:BOOM) Stock Price Passes Above 50-Day Moving Average of $245.30

Audioboom Group plc (LON:BOOM) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 245.30 ($3.10) and traded as high as GBX 245.90 ($3.11). Audioboom Group shares last traded at GBX 237.50 ($3.00), with a volume of 10,124 shares traded.

Audioboom Group Price Performance

The company has a quick ratio of 1.77, a current ratio of 1.17 and a debt-to-equity ratio of 51.18. The firm’s 50 day simple moving average is GBX 244.82 and its 200 day simple moving average is GBX 256.95. The company has a market capitalization of £38.90 million, a PE ratio of -254.63 and a beta of 1.23.

Insider Activity

In related news, insider Michael Tobin bought 2,500 shares of the stock in a transaction dated Monday, April 15th. The stock was purchased at an average cost of GBX 260 ($3.29) per share, with a total value of £6,500 ($8,221.60). Over the last ninety days, insiders purchased 23,000 shares of company stock valued at $5,593,500. 30.53% of the stock is currently owned by company insiders.

Audioboom Group Company Profile

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.