Shares of LBG Media plc (LON:LBG - Get Free Report) shot up 12% during mid-day trading on Tuesday . The company traded as high as GBX 85 ($1.07) and last traded at GBX 84 ($1.06). 1,276,148 shares changed hands during trading, an increase of 857% from the average session volume of 133,326 shares. The stock had previously closed at GBX 75 ($0.94).
Analysts Set New Price Targets
Separately, Berenberg Bank decreased their target price on LBG Media from GBX 140 ($1.76) to GBX 120 ($1.51) and set a "buy" rating for the company in a research report on Thursday, April 18th.
Check Out Our Latest Report on LBG
LBG Media Trading Up 12.0 %
The firm has a market cap of £175.63 million, a price-to-earnings ratio of 8,400.00 and a beta of 0.63. The company has a fifty day moving average price of GBX 74.12 and a 200-day moving average price of GBX 81.16. The company has a current ratio of 2.85, a quick ratio of 5.33 and a debt-to-equity ratio of 8.41.
Insider Buying and Selling
In other LBG Media news, insider Carol Mary Kane purchased 67,230 shares of LBG Media stock in a transaction that occurred on Thursday, April 25th. The stock was bought at an average price of GBX 74 ($0.93) per share, with a total value of £49,750.20 ($62,484.55). In other news, insider Carol Mary Kane bought 67,230 shares of the firm's stock in a transaction dated Thursday, April 25th. The shares were acquired at an average price of GBX 74 ($0.93) per share, for a total transaction of £49,750.20 ($62,484.55). Also, insider Alexander William Solomou bought 341,929 shares of the firm's stock in a transaction dated Thursday, April 18th. The stock was purchased at an average price of GBX 73 ($0.92) per share, for a total transaction of £249,608.17 ($313,499.33). 65.53% of the stock is currently owned by insiders.
About LBG Media
(
Get Free Report)
LBG Media plc operates an online media publisher the United Kingdom, Ireland, Australia, the United States, and internationally. 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; UNILAD Sound; ODDSbible; and Tyla.
Further Reading
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