Audioboom Group (LON:BOOM) Hits New 1-Year High – Still a Buy?

Audioboom Group plc (LON:BOOM)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 810 and last traded at GBX 791, with a volume of 93402 shares changing hands. The stock had previously closed at GBX 770.

Audioboom Group Stock Performance

The company’s 50-day moving average price is GBX 651.26 and its 200 day moving average price is GBX 522.88. The company has a debt-to-equity ratio of 69.63, a quick ratio of 1.77 and a current ratio of 1.06. The stock has a market capitalization of £143.88 million, a PE ratio of 39.60 and a beta of 1.21.

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.