LBG Media (LON:LBG) Hits New 12-Month Low – Here’s Why
by Mitch Edgeman · The Markets DailyLBG Media plc (LON:LBG – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 54.86 and last traded at GBX 55.99, with a volume of 66877 shares trading hands. The stock had previously closed at GBX 56.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and set a GBX 170 target price on shares of LBG Media in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 170.
Get Our Latest Analysis on LBG
LBG Media Stock Performance
The stock has a 50 day moving average price of GBX 69.41 and a two-hundred day moving average price of GBX 82.97. The company has a current ratio of 3.27, a quick ratio of 5.33 and a debt-to-equity ratio of 3.88. The company has a market cap of £114.99 million, a price-to-earnings ratio of 11.00 and a beta of 0.60.
LBG Media (LON:LBG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share for the quarter. LBG Media had a net margin of 11.52% and a return on equity of 13.81%. Analysts predict that LBG Media plc will post 8.3434836 EPS for the current year.
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). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.