Audioboom Group PLC Declines Again; Strong Momentum for Sellers

 Audioboom Group PLC Declines Again; Strong Momentum for Sellers

The stock of Audioboom Group PLC (LON:BOOM) is a huge mover today! The stock increased 5.88% or GBX 0.12 on November 28, hitting GBX 2.25. About 166,389 shares traded hands. Audioboom Group PLC (LON:BOOM) has declined 34.62% since April 28, 2016 and is downtrending. It has underperformed by 40.63% the S&P500.
The move comes after 8 months negative chart setup for the GBX 13.56M company. It was reported on Nov, 28 by Barchart.com. We have GBX 2.12 PT which if reached, will make LON:BOOM worth GBX 813,600 less.

Audioboom Group PLC (LON:BOOM) Ratings Coverage

Out of 2 analysts covering Audioboom Group (LON:BOOM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Audioboom Group has been the topic of 5 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock of Audioboom Group PLC (LON:BOOM) has “Buy” rating given on Tuesday, March 8 by Liberum Capital. Beaufort Securities maintained the shares of BOOM in a report on Wednesday, March 9 with “Speculative Buy” rating. The stock of Audioboom Group PLC (LON:BOOM) has “Speculative Buy” rating given on Monday, July 27 by Beaufort Securities. The stock of Audioboom Group PLC (LON:BOOM) earned “Buy” rating by Liberum Capital on Tuesday, October 11. The rating was maintained by Beaufort Securities with “Speculative Buy” on Friday, September 18.

More important recent Audioboom Group PLC (LON:BOOM) news were published by: Uk.Finance.Yahoo.com which released: “Audioboom Group plc (BOOM.L)” on May 22, 2014, also Fool.Co.Uk published article titled: “Will It Be Boom Or Bust For Audioboom Group PLC, Blinkx Plc And Wandisco PLC?”, Fool.Co.Uk published: “Can Audioboom Group PLC Return To 16.5p?” on September 07, 2015. More interesting news about Audioboom Group PLC (LON:BOOM) was released by: Fool.Co.Uk and their article: “Should You Buy These 3 Major Movers? French Connection Group, W Resources PLC …” with publication date: February 05, 2016.

Audioboom Group plc operates an audio platform for hosting, distributing and monetizing content. The company has a market cap of 13.56 million GBP. The Firm works with approximately 2,400 active broadcasters, content creators and podcasters around the world, and hosts in over 7,400 content channels. It currently has negative earnings. The Company’s hosting and distribution platform allows partners to embed, share through social channels and re-syndicate their content.

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