Audioboom Group (LON:BOOM) Hits New 12-Month High – Should You Buy?

Audioboom Group plc (LON:BOOM)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 810 and last traded at GBX 760, with a volume of 180313 shares changing hands. The stock had previously closed at GBX 730.

Audioboom Group Price Performance

The company has a market cap of £136.59 million, a price-to-earnings ratio of 37.62 and a beta of 1.21. The company has a current ratio of 1.06, a quick ratio of 1.77 and a debt-to-equity ratio of 69.63. The business has a 50-day moving average price of GBX 622.63 and a 200 day moving average price of GBX 500.25.

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.