B90 (LON:B90) Shares Up 14.2% – Still a Buy?

B90 Holdings PLC (LON:B90Get Free Report) shares shot up 14.2% on Wednesday . The company traded as high as GBX 4.40 and last traded at GBX 4.40. Approximately 917,982 shares traded hands during mid-day trading, an increase of 266% from the average session volume of 251,056 shares. The stock had previously closed at GBX 3.85.

B90 Stock Up 14.2%

The stock has a fifty day moving average of GBX 2.99 and a two-hundred day moving average of GBX 2.80. The stock has a market cap of £19.39 million, a price-to-earnings ratio of 48.87 and a beta of 0.67.

Insider Activity at B90

In related news, insider Andrew Ross McIver purchased 480,954 shares of the stock in a transaction dated Friday, June 19th. The shares were acquired at an average cost of GBX 3 per share, with a total value of £14,428.62. Insiders own 20.65% of the company’s stock.

B90 Company Profile

(Get Free Report)

B90 Holdings PLC, together with its subsidiaries, engages in the operation of online sportsbook and casino products through Bet90.com and spinbookie.com in the British Virgin Islands and Malta. It also engages in generating marketing leads and marketing contracts for the activities of partners in sports betting and casinos games under Oddsen.nu and Tippen4you.com. brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC was incorporated in 2012 and is based in Douglas, the Isle of Man.

Further Reading

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