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7digital Group plc is currently in a long term downtrend where the price is trading 29.9% below its 200 day moving average.
From a valuation standpoint, the stock is 55.1% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 4.6.
Based on the above factors, 7digital Group plc gets an overall score of 1/5.
Exchange | LSE |
---|---|
CurrencyCode | GBP |
Industry | Internet Content & Information |
Sector | Communication Services |
ISIN | GB00BMH46555 |
Dividend Yield | 0.0% |
---|---|
Beta | 2.44 |
Market Cap | 19M |
PE Ratio | None |
Target Price | 17.75 |
7digital Group plc operates as a digital music technology company in the United Kingdom, the United States, Germany, rest of Europe, and internationally. It operates through three divisions: Licensing, Content, and Creative. The Licensing division engages in the creation of software solutions for managing and delivering digital content; and the provision of an API based platform for third parties to create digital music. This segment also provides cloud-based technology platform and client-side software; on-demand music streaming and download services; and radio style and other services. The Content division is involved in the sale of digital music through its 7digital.com licensed digital music store. The Creative division creates audio and video programming for broadcasters. The company also provides radio production and music curation services; and music streaming and download services. In addition, it operates eMusic Live, a virtual concert and artist monetization platform for hosting live concerts. The company serves a range of customers, including consumer and social media brands, online fitness companies, mobile carriers, broadcasters, automotive systems, record labels, and retailers. 7digital Group plc is headquartered in London, the United Kingdom.
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