Digitalbox (LON:DBOX) Stock Price Down 3% – Here’s What Happened

Digitalbox plc (LON:DBOXGet Free Report)’s stock price dropped 3% during mid-day trading on Wednesday . The company traded as low as GBX 4.90 ($0.06) and last traded at GBX 4.90 ($0.06). Approximately 75,000 shares changed hands during trading, a decline of 24% from the average daily volume of 98,906 shares. The stock had previously closed at GBX 5.05 ($0.06).

Digitalbox Price Performance

The company’s 50-day moving average price is GBX 4.67 and its 200-day moving average price is GBX 4.08. The company has a quick ratio of 8.07, a current ratio of 14.23 and a debt-to-equity ratio of 2.01. The firm has a market cap of £5.35 million, a price-to-earnings ratio of -90.80 and a beta of 0.41.

About Digitalbox

(Get Free Report)

Based in Bath, UK, Digitalbox is a ‘pure-play’ digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates the following trading brands, “Entertainment Daily”, “The Daily Mash”, “The Tab”, and “The Poke”. Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news.

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