musicMagpie (LON:MMAG) Shares Down 2.5%

musicMagpie plc (LON:MMAG)’s share price fell 2.5% on Thursday . The company traded as low as GBX 19.15 ($0.24) and last traded at GBX 19.50 ($0.24). 295,309 shares traded hands during trading, a decline of 27% from the average session volume of 403,192 shares. The stock had previously closed at GBX 20 ($0.25).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of musicMagpie in a research report on Thursday, August 10th.

musicMagpie Stock Performance

The firm has a market cap of £21.02 million, a P/E ratio of -390.00 and a beta of 3.52. The stock’s 50 day moving average is GBX 19.66 and its two-hundred day moving average is GBX 19.09. The company has a debt-to-equity ratio of 134.18, a current ratio of 1.76 and a quick ratio of 0.84.

About musicMagpie

musicMagpie plc engages in the re-commerce of consumer technology, books, and disc media products in the United Kingdom and the United States. The company buys, refurbishes, rents, and sells consumer technology products, including smartphones, tablets, consoles, wearables, and personal computers; and CDs, DVDs, Blu-rays, and video games.