7digital Group (LON:7DIG) Stock Price Down 5.4%

7digital Group plc (LON:7DIG)’s share price traded down 5.4% during mid-day trading on Monday . The stock traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.88 ($0.01). 3,783,923 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 7,526,285 shares. The stock had previously closed at GBX 0.93 ($0.01).

The firm has a 50 day simple moving average of GBX 0.82 and a two-hundred day simple moving average of GBX 1.12. The stock has a market cap of £23.65 million and a price-to-earnings ratio of -8.75.

7digital Group Company Profile (LON:7DIG)

7digital Group plc operates as a digital music technology company worldwide. The company operates through three divisions: Licensing, Content, and Creative. The company's Licensing division engages in the creation of software solutions for managing and delivering digital content; and the provision of an API based platform for third parties to create digital music, as well as provides client side software applications.

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