Digitalbox (LON:DBOX) Stock Price Up 2.9% – Still a Buy?

Digitalbox plc (LON:DBOX)’s share price shot up 2.9% during trading on Thursday . The company traded as high as GBX 4.40 and last traded at GBX 4.27. 50,585 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 48,022 shares. The stock had previously closed at GBX 4.15.

Digitalbox Price Performance

The company has a market cap of £5.04 million, a price-to-earnings ratio of -34.44 and a beta of 0.41. The business has a 50 day simple moving average of GBX 4.30 and a 200 day simple moving average of GBX 4.39.

Digitalbox (LON:DBOX) last posted its quarterly earnings data on Tuesday, March 31st. The company reported GBX (0.12) EPS for the quarter. The business had revenue of GBX 391 million during the quarter. Digitalbox had a negative return on equity of 1.99% and a negative net margin of 3.73%. As a group, sell-side analysts anticipate that Digitalbox plc will post 1 earnings per share for the current fiscal year.

About Digitalbox

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. The Daily Mash produces and publishes satirical news content. The Tab is the UK’s biggest youth culture site fuelled by students.