B90 (LON:B90) Stock Price Down 12% – Here’s Why
by Danessa Lincoln · The Markets DailyB90 Holdings PLC (LON:B90 – Get Free Report) dropped 12% during trading on Tuesday . The company traded as low as GBX 2.09 and last traded at GBX 2.20. Approximately 413,503 shares changed hands during trading, an increase of 201% from the average daily volume of 137,220 shares. The stock had previously closed at GBX 2.50.
B90 Trading Down 12.0%
The stock has a fifty day moving average of GBX 3.30 and a two-hundred day moving average of GBX 3.82. The stock has a market capitalization of £9.70 million, a price-to-earnings ratio of -6.67 and a beta of 0.14.
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. brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC was incorporated in 2012 and is based in Douglas, the Isle of Man.