LBG Media (LON:LBG) Sets New 12-Month Low – Here’s What Happened

Shares of LBG Media plc (LON:LBG) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 58 and last traded at GBX 58.14, with a volume of 3631 shares. The stock had previously closed at GBX 59.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed 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 company has a consensus rating of “Buy” and a consensus target price of GBX 170.

LBG Media Stock Performance

The company has a quick ratio of 5.33, a current ratio of 3.27 and a debt-to-equity ratio of 3.88. The stock has a market capitalization of £121.56 million, a PE ratio of 11.63 and a beta of 0.60. The firm has a 50 day moving average price of GBX 76.16 and a 200-day moving average price of GBX 86.92.

LBG Media (LON:LBG) last issued its earnings results on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%. Research analysts expect that LBG Media plc will post 8.3434836 EPS for the current fiscal 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.