LBG Media (LON:LBG) Sets New 52-Week Low – Time to Sell?

LBG Media plc (LON:LBG) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 60.30 and last traded at GBX 62, with a volume of 285029 shares changing hands. The stock had previously closed at GBX 62.60.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 170 target price on shares of LBG Media in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 170.

LBG Media Trading Down 1.2%

The stock has a market capitalization of £125.97 million, a P/E ratio of 12.05 and a beta of 0.60. 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 business has a 50-day moving average price of GBX 78.77 and a two-hundred day moving average price of GBX 88.31.

LBG Media (LON:LBG) last issued its quarterly 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%. On average, analysts expect that LBG Media plc will post 8.3434836 EPS for the current fiscal year.

LBG Media Company Profile

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.