Digitalbox (LON:DBOX) Stock Price Down 20.2% – Here’s Why

Digitalbox plc (LON:DBOXGet Free Report)’s share price traded down 20.2% during mid-day trading on Thursday . The stock traded as low as GBX 4.50 and last traded at GBX 5.03. Approximately 1,322,253 shares traded hands during trading, an increase of 246% from the average session volume of 381,623 shares. The stock had previously closed at GBX 6.30.

Digitalbox Stock Down 20.2%

The company has a market capitalization of £5.93 million, a price-to-earnings ratio of -40.56 and a beta of 0.09. The business’s 50-day moving average is GBX 5.25 and its 200-day moving average is GBX 4.65.

About Digitalbox

(Get Free Report)

Based in Bath, UK, Digitalbox is a ‘pure-play’ digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates the following trading brands, “Entertainment Daily”, “The Daily Mash”, “The Tab”, and “The Poke”. Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK’s biggest youth culture site fuelled by students.

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