Audioboom Group (LON:BOOM) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Audioboom Group plc (LON:BOOM) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 605.01 and traded as low as GBX 550. Audioboom Group shares last traded at GBX 580, with a volume of 28,133 shares.

Audioboom Group Stock Down 0.4%

The firm has a market cap of £101.26 million, a price-to-earnings ratio of 108.27 and a beta of 1.02. The company has a debt-to-equity ratio of 7.45, a current ratio of 1.27 and a quick ratio of 1.77. The firm has a 50 day moving average price of GBX 552.15 and a 200-day moving average price of GBX 604.72.

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).

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.