LBG Media (LON:LBG) Hits New 1-Year High at $135.33

LBG Media plc (LON:LBG)’s stock price hit a new 52-week high during 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 trading hands. The stock had previously closed at GBX 127.50 ($1.68).

Analyst Upgrades and Downgrades

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

LBG Media Stock Up 0.4 %

The stock has a market cap of £280.17 million, a price-to-earnings ratio of 13,400.00 and a beta of 0.84. The firm’s 50 day moving average is GBX 120.89 and its two-hundred day moving average is GBX 98.07. 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 Activity

In other news, insider Carol Mary Kane bought 15,700 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were purchased at an average price of GBX 129 ($1.70) per share, for a total transaction of £20,253 ($26,631.16). Company insiders own 70.17% of the company’s stock.

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.