Audioboom Group (LON:BOOM) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Audioboom Group plc (LON:BOOM – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 477.28 and traded as high as GBX 500. Audioboom Group shares last traded at GBX 486.75, with a volume of 17,754 shares changing hands.

Audioboom Group Trading Up 0.3%

The firm has a market capitalization of £88.57 million, a PE ratio of 34.51 and a beta of 1.25. The stock’s 50-day moving average price is GBX 477.22 and its 200 day moving average price is GBX 503.20. The company has a debt-to-equity ratio of 4.85, a current ratio of 1.64 and a quick ratio of 1.77.

Insider Buying and Selling

In other Audioboom Group news, insider Stuart Last sold 7,000 shares of Audioboom Group stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of GBX 470, for a total transaction of £32,900. 30.13% of the stock is owned by 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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