B90 (LON:B90) Sets New 52-Week High – Time to Buy?

B90 Holdings PLC (LON:B90)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 4.80 and last traded at GBX 4.70, with a volume of 666983 shares. The stock had previously closed at GBX 4.50.

B90 Price Performance

The firm’s 50 day moving average price is GBX 3.19 and its 200-day moving average price is GBX 2.84. The stock has a market cap of £21.29 million, a P/E ratio of 53.67 and a beta of 0.67.

Insider Buying and Selling

In other B90 news, insider Andrew Ross McIver bought 480,954 shares of B90 stock in a transaction on Friday, June 19th. The stock was acquired at an average price of GBX 3 per share, with a total value of £14,428.62. Corporate insiders own 20.65% of the company’s stock.

B90 Company Profile

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.