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Audioboom Group (LON:BOOM) Hits New 12-Month High - Should You Buy?

Audioboom Group logo with Communication Services background

Audioboom Group plc (LON:BOOM - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 436 ($5.32) and last traded at GBX 436 ($5.32), with a volume of 566482 shares traded. The stock had previously closed at GBX 405 ($4.94).

Audioboom Group Trading Up 7.7 %

The company has a debt-to-equity ratio of 69.63, a current ratio of 1.06 and a quick ratio of 1.77. The business's fifty day simple moving average is GBX 314.76 and its 200 day simple moving average is GBX 255.15. The stock has a market cap of £71.42 million, a price-to-earnings ratio of -908.33 and a beta of 1.21.

Insider Activity

In other news, insider Michael Tobin purchased 5,000 shares of Audioboom Group stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of GBX 292 ($3.56) per share, with a total value of £14,600 ($17,824.44). In the last three months, insiders acquired 25,620 shares of company stock valued at $5,758,300. Company insiders own 30.13% of the company's stock.

About Audioboom Group

(Get Free Report)

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.

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