Digitalbox (LON:DBOX) Trading Down 4.8% – Here’s Why

Shares of Digitalbox plc (LON:DBOXGet Free Report) dropped 4.8% on Thursday . The stock traded as low as GBX 5 and last traded at GBX 5. Approximately 50 shares changed hands during trading, a decline of 100% from the average daily volume of 363,029 shares. The stock had previously closed at GBX 5.25.

Digitalbox Stock Down 4.8%

The firm has a fifty day simple moving average of GBX 5.48 and a 200-day simple moving average of GBX 4.83. The company has a market capitalization of £5.90 million, a P/E ratio of -40.32 and a beta of 0.11.

Digitalbox Company Profile

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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.

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