Audioboom Group (LON:BOOM) Share Price Crosses Below 200 Day Moving Average of $246.92

Shares of Audioboom Group plc (LON:BOOM) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 246.92 ($3.15) and traded as low as GBX 225.05 ($2.87). Audioboom Group shares last traded at GBX 250 ($3.19), with a volume of 9,835 shares trading hands.

Audioboom Group Trading Up 8.7 %

The company’s 50 day moving average price is GBX 240.44 and its two-hundred day moving average price is GBX 246.87. The firm has a market cap of £40.95 million, a PE ratio of -510.20 and a beta of 1.22. The company has a quick ratio of 1.77, a current ratio of 1.06 and a debt-to-equity ratio of 69.63.

Insider Buying and Selling

In other Audioboom Group news, insider Michael Tobin purchased 5,000 shares of Audioboom Group stock in a transaction dated Friday, June 21st. The shares were purchased at an average cost of GBX 239 ($3.05) per share, for a total transaction of £11,950 ($15,257.92). Insiders have bought 12,000 shares of company stock valued at $2,774,000 in the last ninety days. 30.60% of the stock is owned by company insiders.

About Audioboom Group

Audioboom Group plc, a podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States. The company's platform allows content distributed through Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook, and Twitter, as well as a partner's own websites and mobile apps.