Audioboom Group (LON:BOOM) Shares Up 1% – Time to Buy?

Audioboom Group plc (LON:BOOM)’s stock price shot up 1% on Tuesday. The company traded as high as GBX 459.60 and last traded at GBX 459.60. 38,490 shares were traded during mid-day trading, a decline of 39% from the average session volume of 63,238 shares. The stock had previously closed at GBX 455.

Audioboom Group Stock Performance

The company has a current ratio of 1.64, a quick ratio of 1.77 and a debt-to-equity ratio of 4.85. The stock has a market cap of £83.68 million, a PE ratio of 32.60 and a beta of 1.25. The business’s 50-day moving average price is GBX 481.33 and its 200-day moving average price is GBX 514.42.

Audioboom Group Company Profile

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).