Digitalbox (LON:DBOX) Trading Up 1.8% – Should You Buy?

Digitalbox plc (LON:DBOX)’s share price shot up 1.8% during mid-day trading on Wednesday . The stock traded as high as GBX 4.75 and last traded at GBX 4.58. 569,239 shares changed hands during trading, an increase of 608% from the average session volume of 80,447 shares. The stock had previously closed at GBX 4.50.

Digitalbox Price Performance

The firm has a 50 day simple moving average of GBX 4.32 and a 200-day simple moving average of GBX 4.39. The stock has a market capitalization of £5.40 million, a price-to-earnings ratio of -36.96 and a beta of 0.41.

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

Digitalbox Company Profile

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.