B90 (LON:B90) Shares Up 14.2% – Here’s What Happened

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

B90 Price Performance

The stock’s 50-day moving average is GBX 3.07 and its 200 day moving average is GBX 2.81. The stock has a market cap of £18.78 million, a price-to-earnings ratio of 47.33 and a beta of 0.67.

Insider Buying and Selling at B90

In other B90 news, insider Andrew Ross McIver purchased 480,954 shares of the firm’s stock in a transaction that occurred on Friday, June 19th. The shares were purchased at an average cost of GBX 3 per share, for a total transaction of £14,428.62. 20.65% of the stock is currently owned by company insiders.

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.