LBG Media (LON:LBG) Shares Up 1% - Should You Buy?

LBG Media plc (LON:LBG - Get Free Report) was up 1% during mid-day trading on Thursday . The company traded as high as GBX 104.50 ($1.40) and last traded at GBX 101 ($1.35). Approximately 21,205 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 207,170 shares. The stock had previously closed at GBX 100 ($1.34).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 170 ($2.28) price target on shares of LBG Media in a report on Wednesday, June 25th.

LBG Media Stock Down 3.5%

The firm has a market cap of £207.68 million, a P/E ratio of 30.39 and a beta of 0.83. The firm has a fifty day moving average of GBX 96.93 and a 200-day moving average of GBX 104.04. The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88.

LBG Media (LON:LBG - Get Free Report) last issued its earnings results on Tuesday, June 24th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. LBG Media had a return on equity of 10.41% and a net margin of 8.55%. On average, equities research analysts anticipate that LBG Media plc will post 8.3434836 earnings per share for the current year.

LBG Media Company Profile

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).