Digitalbox (LON:DBOX) Stock Price Down 9.7% – Time to Sell?

Digitalbox plc (LON:DBOX) traded down 9.7% on Wednesday . The company traded as low as GBX 4.20 ($0.05) and last traded at GBX 4.20 ($0.05). 102,069 shares were traded during trading, a decline of 89% from the average session volume of 967,443 shares. The stock had previously closed at GBX 4.65 ($0.06).

Digitalbox Stock Performance

The company has a debt-to-equity ratio of 2.01, a quick ratio of 8.07 and a current ratio of 14.23. The firm has a 50 day moving average price of GBX 4.82 and a two-hundred day moving average price of GBX 4.18. The company has a market capitalization of £5.15 million, a P/E ratio of -0.80 and a beta of 0.41.

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.