B90 (LON:B90) Shares Down 5% – Here’s What Happened

B90 Holdings PLC (LON:B90)’s share price traded down 5% during trading on Monday. The stock traded as low as GBX 3.80 and last traded at GBX 3.80. 125,508 shares were traded during mid-day trading, a decline of 54% from the average session volume of 273,910 shares. The stock had previously closed at GBX 4.

B90 Stock Down 5.0%

The stock has a market cap of £16.75 million, a price-to-earnings ratio of 42.22 and a beta of 0.67. The stock’s 50 day moving average price is GBX 3.96 and its two-hundred day moving average price is GBX 3.10.

Insider Activity

In related news, insider Ronny Breivik purchased 258,448 shares of B90 stock in a transaction on Thursday, September 24th. The shares were bought at an average price of GBX 4 per share, with a total value of £10,337.92. Also, insider Andrew Ross McIver acquired 244,200 shares of B90 stock in a transaction dated Friday, September 25th. The shares were bought at an average price of GBX 4 per share, with a total value of £9,768. Company insiders own 20.78% 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.