LBG Media plc (LON:LBG) Insider Alexander William Solomou Buys 900,000 Shares

LBG Media plc (LON:LBGGet 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

(Get Rating)

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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