Audioboom Group (LON:BOOM) Stock Price Up 14.6% - Still a Buy?

Audioboom Group plc (LON:BOOM - Get Free Report)'s stock price was up 14.6% on Tuesday . The company traded as high as GBX 370 ($4.92) and last traded at GBX 364 ($4.84). Approximately 582,903 shares changed hands during trading, an increase of 296% from the average daily volume of 147,301 shares. The stock had previously closed at GBX 317.50 ($4.22).

Audioboom Group Price Performance

The firm has a market cap of £75.23 million, a PE ratio of -7.39 and a beta of 1.21. The stock's fifty day moving average price is GBX 490.99 and its 200-day moving average price is GBX 369.09. The company has a debt-to-equity ratio of 69.63, a quick ratio of 1.77 and a current ratio of 1.06.

Insider Buying and Selling at Audioboom Group

In other Audioboom Group news, insider Michael Tobin acquired 2,260 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of GBX 310 ($4.12) per share, for a total transaction of £7,006 ($9,315.25). Over the last three months, insiders purchased 9,100 shares of company stock valued at $3,194,600. Corporate insiders own 30.13% of the company's stock.

About Audioboom Group

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.