B90 (LON:B90) Trading Up 8.7% – Here’s What Happened

Shares of B90 Holdings PLC (LON:B90) traded up 8.7% during mid-day trading on Tuesday . The stock traded as high as GBX 5 and last traded at GBX 5. Approximately 1,198,884 shares were traded during trading, an increase of 360% from the average daily volume of 260,483 shares. The stock had previously closed at GBX 4.60.

B90 Price Performance

The stock has a market cap of £21.60 million, a price-to-earnings ratio of 54.44 and a beta of 0.67. The business’s fifty day simple moving average is GBX 3.23 and its 200 day simple moving average is GBX 2.86.

Insider Activity

In other B90 news, insider Andrew Ross McIver purchased 480,954 shares of B90 stock in a transaction dated Friday, June 19th. The shares were bought at an average cost of GBX 3 per share, for a total transaction of £14,428.62. Insiders own 20.65% of the company’s stock.

B90 Company Profile

B90 Holdings PLC, together with its subsidiaries, engages in the operation of online sportsbook and casino products through Bet90.com and spinbookie.com in the British Virgin Islands and Malta. It also engages in generating marketing leads and marketing contracts for the activities of partners in sports betting and casinos games under Oddsen.nu and Tippen4you.com. brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC was incorporated in 2012 and is based in Douglas, the Isle of Man.