B90 (LON:B90) Trading 8.7% Higher – Here’s What Happened

B90 Holdings PLC (LON:B90) rose 8.7% during mid-day trading on Tuesday . The stock traded as high as GBX 5 and last traded at GBX 5. 1,198,884 shares were traded during mid-day trading, an increase of 360% from the average session volume of 260,483 shares. The stock had previously closed at GBX 4.60.

B90 Stock Up 8.7%

The stock has a market cap of £22.04 million, a PE ratio of 55.56 and a beta of 0.67. The stock’s fifty day moving average price is GBX 3.14 and its 200 day moving average price is GBX 2.83.

Insider Activity at B90

In other B90 news, insider Andrew Ross McIver purchased 480,954 shares of the firm’s stock in a transaction dated Friday, June 19th. The stock was purchased at an average price of GBX 3 per share, for a total transaction of £14,428.62. Insiders own 20.65% of the company’s stock.

About B90

B90 Holdings PLC, together with its subsidiaries, engages in the operation of online sportsbook and casino products through Bet90.com and spinbookie.com in the British Virgin Islands and Malta. It also engages in generating marketing leads and marketing contracts for the activities of partners in sports betting and casinos games under Oddsen.nu and Tippen4you.com. brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC was incorporated in 2012 and is based in Douglas, the Isle of Man.