XLMedia PLC (XLM) Reaches New 12-Month High at $147.00
Shares of XLMedia PLC (LON:XLM) hit a new 52-week high on Tuesday . The company traded as high as GBX 147 ($1.95) and last traded at GBX 147 ($1.95), with a volume of 50,000 shares. The stock had previously closed at GBX 145 ($1.92).
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 170 ($2.25) price target on shares of XLMedia PLC in a research note on Monday, August 14th.
The firm’s 50-day moving average price is GBX 135.45 and its 200 day moving average price is GBX 126.47. The company’s market cap is GBX 291.58 million.
The business also recently disclosed a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 21st will be issued a $0.04 dividend. This is a boost from XLMedia PLC’s previous dividend of $0.04. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 2.04%.
In related news, insider Ory Weihs purchased 36,764 shares of XLMedia PLC stock in a transaction that occurred on Friday, September 22nd. The stock was purchased at an average cost of GBX 136 ($1.80) per share, with a total value of £49,999.04 ($66,320.52).
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About XLMedia PLC
XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.
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