LBG Media plc (LON:LBG – Get Free Report) dropped 2.4% during trading on Friday . The company traded as low as GBX 89 ($1.18) and last traded at GBX 89.80 ($1.19). Approximately 61,397 shares traded hands during trading, a decline of 73% from the average daily volume of 230,439 shares. The stock had previously closed at GBX 92 ($1.22).
LBG Media Stock Down 2.4%
The company has a current ratio of 2.43, a quick ratio of 5.33 and a debt-to-equity ratio of 6.88. The stock has a market capitalization of £189.52 million, a P/E ratio of 27.73 and a beta of 0.83. The stock’s 50 day simple moving average is GBX 98.10 and its 200 day simple moving average is GBX 113.78.
Insider Activity at LBG Media
In other news, insider Alexander William Solomou acquired 22,209 shares of the stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average cost of GBX 112 ($1.49) per share, with a total value of £24,874.08 ($33,042.08). 70.13% of the stock is owned by corporate insiders.
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).
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