Digitalbox (LON:DBOX) Trading 2.9% Higher – Time to Buy?

Digitalbox plc (LON:DBOX) traded up 2.9% on Thursday . The stock traded as high as GBX 4.40 and last traded at GBX 4.27. 50,585 shares traded hands during trading, an increase of 5% from the average session volume of 48,022 shares. The stock had previously closed at GBX 4.15.

Digitalbox Stock Performance

The firm has a market cap of £5.19 million, a PE ratio of -35.48 and a beta of 0.41. The firm has a fifty day simple moving average of GBX 4.31 and a two-hundred day simple moving average of GBX 4.39.

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

Digitalbox Company Profile

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.