LBG Media (LON:LBG) Trading Down 8.2% - Should You Sell?

LBG Media plc (LON:LBG - Get Free Report)'s share price dropped 8.2% during trading on Thursday . The stock traded as low as GBX 88.27 ($1.18) and last traded at GBX 90 ($1.20). Approximately 85,363 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 141,758 shares. The stock had previously closed at GBX 98 ($1.31).

LBG Media Stock Down 4.0 %

The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88. The stock has a market cap of £182.35 million, a P/E ratio of 26.68 and a beta of 0.83. The company's 50 day moving average price is GBX 101.51 and its two-hundred day moving average price is GBX 117.56.

Insider Buying and Selling

In other LBG Media news, insider Carol Mary Kane acquired 46,844 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The stock was purchased at an average cost of GBX 107 ($1.43) per share, with a total value of £50,123.08 ($66,786.25). Also, insider Alexander William Solomou bought 22,209 shares of the company's stock in a transaction that occurred on Monday, February 17th. The stock was bought at an average price of GBX 112 ($1.49) per share, with a total value of £24,874.08 ($33,143.34). 70.13% of the stock is currently owned by corporate insiders.

About LBG Media

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).