B90 (LON:B90) Shares Down 6.9% – Time to Sell?

Shares of B90 Holdings PLC (LON:B90) traded down 6.9% during trading on Tuesday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). 258,368 shares were traded during mid-day trading, an increase of 191% from the average session volume of 88,744 shares. The stock had previously closed at GBX 2.90 ($0.04).

B90 Price Performance

The company has a fifty day moving average price of GBX 3.27 and a two-hundred day moving average price of GBX 3.47. The company has a current ratio of 0.51, a quick ratio of 0.26 and a debt-to-equity ratio of 242.03. The company has a market cap of £11.90 million, a price-to-earnings ratio of -270.00 and a beta of 0.86.

Insiders Place Their Bets

In other B90 news, insider Andrew Ross McIver bought 250,000 shares of B90 stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £12,500 ($15,553.07). Corporate insiders own 69.48% of the company’s stock.

About B90

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.