Audioboom Group plc (LON:BOOM – Get Free Report)’s stock price fell 13.8% during mid-day trading on Monday . The company traded as low as GBX 457.60 and last traded at GBX 482.50. 614,471 shares traded hands during mid-day trading, an increase of 847% from the average session volume of 64,883 shares. The stock had previously closed at GBX 560.
Audioboom Group Trading Down 5.4%
The stock has a market capitalization of £81.15 million, a PE ratio of 86.54 and a beta of 1.17. The firm has a 50-day moving average price of GBX 563.01 and a 200-day moving average price of GBX 598.65. The company has a current ratio of 1.27, a quick ratio of 1.77 and a debt-to-equity ratio of 7.45.
Insiders Place Their Bets
In related news, insider Michael Tobin acquired 5,810 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average price of GBX 478 per share, for a total transaction of £27,771.80. Insiders own 30.13% of the company’s stock.
About Audioboom Group
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.
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