Digitalbox (LON:DBOX) Shares Up 5.9% – Here’s What Happened

Digitalbox plc (LON:DBOX)’s stock price rose 5.9% during mid-day trading on Friday . The company traded as high as GBX 4.50 and last traded at GBX 4.50. Approximately 112,607 shares were traded during mid-day trading, an increase of 134% from the average daily volume of 48,100 shares. The stock had previously closed at GBX 4.25.

Digitalbox Trading Up 5.9%

The company has a 50 day moving average of GBX 4.33 and a 200 day moving average of GBX 4.44. The company has a debt-to-equity ratio of 0.52, a quick ratio of 8.07 and a current ratio of 7.24. The stock has a market capitalization of £5.31 million, a price-to-earnings ratio of -20.83 and a beta of 0.41.

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.