LBG Media (LON:LBG) Hits New 52-Week High at $135.33

LBG Media plc (LON:LBG)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 135.33 ($1.78) and last traded at GBX 134.52 ($1.77), with a volume of 122731 shares. The stock had previously closed at GBX 127.50 ($1.68).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their target price on LBG Media from GBX 120 ($1.58) to GBX 140 ($1.84) and gave the stock a “buy” rating in a research report on Friday, July 5th.

LBG Media Price Performance

The company has a debt-to-equity ratio of 8.41, a quick ratio of 5.33 and a current ratio of 2.85. The stock’s fifty day moving average price is GBX 120.89 and its 200-day moving average price is GBX 98.07. The firm has a market cap of £280.17 million, a PE ratio of 13,400.00 and a beta of 0.84.

Insider Buying and Selling at LBG Media

In other news, insider Carol Mary Kane purchased 15,700 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of GBX 129 ($1.70) per share, with a total value of £20,253 ($26,631.16). 70.17% of the stock is currently owned by corporate insiders.

LBG Media Company Profile

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.