Digitalbox (LON:DBOX) Shares Down 5.6% – Here’s What Happened

Digitalbox plc (LON:DBOX)’s stock price dropped 5.6% during mid-day trading on Wednesday. The company traded as low as GBX 4.20 and last traded at GBX 4.20. Approximately 459 shares were traded during trading, a decline of 100% from the average session volume of 340,989 shares. The stock had previously closed at GBX 4.45.

Digitalbox Stock Down 4.3%

The company has a 50 day moving average price of GBX 5.02 and a 200-day moving average price of GBX 4.90. The company has a market cap of £5.02 million, a price-to-earnings ratio of -5.37 and a beta of 0.11.

Digitalbox (LON:DBOX) last posted its earnings results on Wednesday, September 23rd. The company reported GBX (0.81) earnings per share for the quarter. Digitalbox had a negative return on equity of 13.57% and a negative net margin of 24.64%. On average, analysts forecast that Digitalbox plc will post 1.00 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.