B90 (LON:B90) Sets New 1-Year Low – Here’s Why

Shares of B90 Holdings PLC (LON:B90Get Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.59 ($0.03), with a volume of 1232424 shares changing hands. The stock had previously closed at GBX 2.90 ($0.04).

B90 Stock Down 10.9 %

The company’s 50-day simple moving average is GBX 3.21 and its two-hundred day simple moving average is GBX 3.47. The company has a debt-to-equity ratio of 242.03, a current ratio of 0.51 and a quick ratio of 0.26. The firm has a market capitalization of £11.39 million, a P/E ratio of -258.50 and a beta of 0.86.

Insider Buying and Selling

In other B90 news, insider Andrew Ross McIver bought 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average price of GBX 5 ($0.06) per share, for a total transaction of £12,500 ($15,499.07). 69.48% of the stock is currently owned by insiders.

About B90

(Get Free Report)

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.

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