What’s Next for Audioboom Group PLC After Today’s Huge Increase?

 What's Next for Audioboom Group PLC After Today's Huge Increase?

The stock of Audioboom Group PLC (LON:BOOM) is a huge mover today! The stock closed at GBX 2.25 during the last session. It is up 28.00% since April 29, 2016 and is downtrending. It has underperformed by 33.23% the S&P500.
The move comes after 9 months positive chart setup for the GBX 13.56 million company. It was reported on Nov, 30 by Barchart.com. We have GBX 2.32 PT which if reached, will make LON:BOOM worth GBX 406,800 more.

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 firm earned “Speculative Buy” rating on Monday, July 27 by Beaufort Securities. Liberum Capital maintained Audioboom Group PLC (LON:BOOM) on Tuesday, March 8 with “Buy” rating. Liberum Capital maintained Audioboom Group PLC (LON:BOOM) rating on Tuesday, October 11. Liberum Capital has “Buy” rating and GBX 9 price target. The stock of Audioboom Group PLC (LON:BOOM) has “Speculative Buy” rating given on Friday, September 18 by Beaufort Securities. The rating was maintained by Beaufort Securities on Wednesday, March 9 with “Speculative Buy”.

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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