LBG Media plc (LON:LBG – Get Rating) insider Alexander William Solomou purchased 900,000 shares of the firm’s stock in a transaction on Tuesday, November 8th. The shares were acquired at an average price of GBX 51 ($0.59) per share, for a total transaction of £459,000 ($528,497.41).
LBG Media Price Performance
LBG opened at GBX 58.76 ($0.68) on Wednesday. LBG Media plc has a fifty-two week low of GBX 48.44 ($0.56) and a fifty-two week high of GBX 213 ($2.45). The company has a debt-to-equity ratio of 7.31, a current ratio of 5.33 and a quick ratio of 5.33. The business’s fifty day simple moving average is GBX 78.65. The firm has a market capitalization of £121.30 million and a P/E ratio of 2,625.00.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. Berenberg Bank decreased their price target on shares of LBG Media from GBX 180 ($2.07) to GBX 155 ($1.78) and set a “buy” rating on the stock in a research note on Friday, September 23rd. Shore Capital reiterated a “not rated” rating on shares of LBG Media in a research note on Wednesday, September 21st.
About LBG Media
LBG Media PLC operates an online media publisher worldwide. The company produces articles, celebrity interviews, documentaries, reality shows, political live-streams, and hard-hitting social purpose campaigns. It offers its products through various brands, such as LADbible, a news site; Gamingbible; SPORTbible, a website for sports; UNILAD Adventure; UNILAD Tech; UNILAD; ODDSbible; UNILAD Sound; and Tyla.
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