Insider Buying: LBG Media plc (LON:LBG) Insider Buys 67,230 Shares of Stock

LBG Media plc (LON:LBG) insider Carol Mary Kane purchased 67,230 shares of the company’s stock in a transaction on Thursday, April 25th. The stock was acquired at an average price of GBX 74 ($0.91) per share, with a total value of £49,750.20 ($61,450.35).

LBG Media Stock Performance

Shares of LON:LBG traded up GBX 4 ($0.05) on Thursday, reaching GBX 78.50 ($0.97). The company’s stock had a trading volume of 98,274 shares, compared to its average volume of 134,234. The stock has a market capitalization of £164.13 million, a P/E ratio of 2,433.33 and a beta of 0.63. LBG Media plc has a 52-week low of GBX 63 ($0.78) and a 52-week high of GBX 106 ($1.31). The stock’s 50-day moving average is GBX 75.94 and its two-hundred day moving average is GBX 82.39. The company has a debt-to-equity ratio of 4.48, a current ratio of 6.25 and a quick ratio of 5.33.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their target price on shares of LBG Media from GBX 140 ($1.73) to GBX 120 ($1.48) and set a “buy” rating for the company in a report on Thursday, April 18th.

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; ODDSbible; UNILAD Sound; and Tyla.