Audioboom Group (LON:BOOM) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Audioboom Group plc (LON:BOOM)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 550.40 and traded as high as GBX 640. Audioboom Group shares last traded at GBX 638.98, with a volume of 32,727 shares traded.

Audioboom Group Stock Up 1.4%

The firm has a market cap of £114.92 million, a price-to-earnings ratio of 31.63 and a beta of 2.21. The company has a debt-to-equity ratio of 7.45, a quick ratio of 1.77 and a current ratio of 1.27. The business’s 50-day moving average is GBX 550.40 and its 200-day moving average is GBX 606.54.

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.