Audioboom Group (LON:BOOM) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Audioboom Group plc (LON:BOOMGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 544.50 and traded as high as GBX 680. Audioboom Group shares last traded at GBX 649, with a volume of 313,609 shares.

Audioboom Group Stock Down 3.1%

The company has a market capitalization of £113.22 million, a price-to-earnings ratio of 31.19 and a beta of 1.21. The firm’s 50 day moving average price is GBX 544.50 and its two-hundred day moving average price is GBX 423.94. The company has a current ratio of 1.06, a quick ratio of 1.77 and a debt-to-equity ratio of 69.63.

Insider Buying and Selling at Audioboom Group

In other news, insider Stuart Last sold 10,660 shares of the business’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of GBX 480, for a total transaction of £51,168. 30.13% of the stock is owned by corporate 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.

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