Digitalbox (LON:DBOX) Stock Price Down 5.9% – Here’s Why

Digitalbox plc (LON:DBOX)’s share price dropped 5.9% on Thursday . The company traded as low as GBX 4 and last traded at GBX 4. Approximately 176 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 51,491 shares. The stock had previously closed at GBX 4.25.

Digitalbox Price Performance

The company has a quick ratio of 8.07, a current ratio of 7.24 and a debt-to-equity ratio of 0.52. The company has a market capitalization of £5.17 million, a price-to-earnings ratio of -20.28 and a beta of 0.41. The company has a 50 day simple moving average of GBX 4.48 and a 200 day simple moving average of GBX 4.52.

Digitalbox Company Profile

Based in Bath, UK, Digitalbox is a ‘pure-play’ digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates the following trading brands, “Entertainment Daily”, “The Daily Mash”, “The Tab”, and “The Poke”. Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK’s biggest youth culture site fuelled by students.