Audioboom Group PLC (BOOM) Rating Reiterated by Liberum Capital
Audioboom Group PLC (LON:BOOM)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a note issued to investors on Tuesday. They presently have a GBX 9 ($0.11) target price on the stock. Liberum Capital’s price objective points to a potential upside of 260.00% from the stock’s current price.
Shares of Audioboom Group PLC (LON:BOOM) opened at 2.475 on Tuesday. The stock’s 50 day moving average is GBX 2.54 and its 200 day moving average is GBX 2.76. Audioboom Group PLC has a 52-week low of GBX 1.78 and a 52-week high of GBX 5.88. The company’s market cap is GBX 13.26 million.
In other Audioboom Group PLC news, insider Maddock,Roger purchased 1,000,000 shares of the company’s stock in a transaction dated Tuesday, August 23rd. The shares were acquired at an average price of GBX 3 ($0.04) per share, for a total transaction of £30,000 ($37,128.71).
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About Audioboom Group PLC
Audioboom Group plc operates an audio platform for hosting, distributing and monetizing content. The Company works with approximately 2,400 active broadcasters, content creators and podcasters around the world, and hosts in over 7,400 content channels. The Company’s hosting and distribution platform allows partners to embed, share through social channels and re-syndicate their content.
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