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LBG Media (LON:LBG) Trading 1.9% Higher - Here's Why

LBG Media logo with Communication Services background
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LBG Media plc (LON:LBG - Get Free Report) shares were up 1.9% on Tuesday . The company traded as high as GBX 108 ($1.40) and last traded at GBX 104.96 ($1.36). Approximately 82,895 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 132,226 shares. The stock had previously closed at GBX 103 ($1.33).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "buy" rating on shares of LBG Media in a research note on Friday, November 22nd.

Check Out Our Latest Analysis on LBG

LBG Media Stock Up 1.9 %

The firm has a market capitalization of £221.52 million, a PE ratio of 32.41 and a beta of 0.83. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33. The company has a 50-day moving average price of GBX 117.18 and a 200 day moving average price of GBX 125.81.

LBG Media (LON:LBG - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The company reported GBX 5.73 ($0.07) earnings per share (EPS) for the quarter. LBG Media had a return on equity of 10.41% and a net margin of 8.55%. Analysts forecast that LBG Media plc will post 8.3434836 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Carol Mary Kane acquired 46,844 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were acquired at an average cost of GBX 107 ($1.39) per share, for a total transaction of £50,123.08 ($64,892.65). Also, insider Alexander William Solomou acquired 22,209 shares of the stock in a transaction dated Monday, February 17th. The stock was bought at an average cost of GBX 112 ($1.45) per share, with a total value of £24,874.08 ($32,203.63). Corporate insiders own 70.13% of the company's stock.

About LBG Media

(Get Free Report)

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).

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