Digitalbox (LON:DBOX) Trading Up 3.4% – Time to Buy?

Digitalbox plc (LON:DBOX) shot up 3.4% during trading on Thursday . The stock traded as high as GBX 4.50 and last traded at GBX 4.50. 56 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 53,486 shares. The stock had previously closed at GBX 4.35.

Digitalbox Trading Down 3.4%

The business’s fifty day moving average price is GBX 4.25 and its two-hundred day moving average price is GBX 4.40. The firm has a market cap of £4.95 million, a P/E ratio of -33.87 and a beta of 0.41.

Digitalbox (LON:DBOX) last posted its earnings results on Tuesday, March 31st. The company reported GBX (0.12) EPS for the quarter. Digitalbox had a negative return on equity of 1.99% and a negative net margin of 3.73%.The business had revenue of GBX 391 million for the quarter. Research analysts predict that Digitalbox plc will post 1 EPS for the current fiscal year.

About Digitalbox

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.