LBG Media (LON:LBG) Stock Price Down 2.4% – Should You Sell?

LBG Media plc (LON:LBGGet Free Report) was down 2.4% during trading on Friday . The stock traded as low as GBX 89 ($1.18) and last traded at GBX 89.80 ($1.19). Approximately 61,397 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 230,439 shares. The stock had previously closed at GBX 92 ($1.22).

LBG Media Trading Down 2.4%

The stock has a market cap of £189.52 million, a price-to-earnings ratio of 27.73 and a beta of 0.83. The business has a 50-day simple moving average of GBX 98.10 and a two-hundred day simple moving average of GBX 113.94. The company has a debt-to-equity ratio of 6.88, a quick ratio of 5.33 and a current ratio of 2.43.

Insider Activity

In other news, insider Alexander William Solomou bought 22,209 shares of the firm’s stock in a transaction that occurred on Monday, February 17th. The stock was acquired at an average cost of GBX 112 ($1.49) per share, with a total value of £24,874.08 ($33,042.08). 70.13% of the stock is owned by corporate insiders.

LBG Media Company Profile

(Get Free Report)

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality).

See Also

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