LBG Media (LON:LBG) Reaches New 52-Week Low – What’s Next?

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

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 170 price objective 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.com, the company has a consensus rating of “Buy” and an average price target of GBX 170.

LBG Media Trading Down 1.5%

The stock has a market cap of £121.56 million, a P/E ratio of 11.63 and a beta of 0.60. The company has a debt-to-equity ratio of 3.88, a quick ratio of 5.33 and a current ratio of 3.27. The stock’s fifty day moving average is GBX 76.16 and its 200 day moving average is GBX 86.92.

LBG Media (LON:LBG) last posted its quarterly earnings data 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%. As a group, equities research analysts predict that LBG Media plc will post 8.3434836 earnings per share 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.