LBG Media (LON:LBG) Trading Down 0.9% – Here’s What Happened

LBG Media plc (LON:LBG) dropped 0.9% during mid-day trading on Wednesday . The stock traded as low as GBX 115 ($1.43) and last traded at GBX 115 ($1.43). Approximately 32,983 shares traded hands during trading, a decline of 59% from the average daily volume of 81,280 shares. The stock had previously closed at GBX 116 ($1.44).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of LBG Media in a research report on Friday, November 22nd.

LBG Media Stock Down 0.9 %

The company’s 50 day moving average is GBX 125.08 and its two-hundred day moving average is GBX 128.97. The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88. The company has a market capitalization of £240.44 million, a PE ratio of 2,875.00 and a beta of 0.83.

LBG Media (LON:LBG) last released its earnings results on Wednesday, January 22nd. The company reported GBX 5.73 ($0.07) earnings per share for the quarter. LBG Media had a net margin of 8.65% and a return on equity of 10.81%. On average, analysts anticipate that LBG Media plc will post 8.3434836 earnings per share for the current 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).