Alexander William Solomou Purchases 341,929 Shares of LBG Media plc (LON:LBG) Stock

LBG Media plc (LON:LBG) insider Alexander William Solomou purchased 341,929 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was acquired at an average cost of GBX 73 ($0.91) per share, with a total value of £249,608.17 ($310,728.46).

LBG Media Price Performance

LBG Media stock opened at GBX 70 ($0.87) on Friday. The stock has a market cap of £146.36 million, a P/E ratio of 2,333.33 and a beta of 0.63. The company has a fifty day simple moving average of GBX 76.39 and a 200-day simple moving average of GBX 82.47. LBG Media plc has a 12-month low of GBX 63 ($0.78) and a 12-month high of GBX 106 ($1.32). The company has a current ratio of 6.25, a quick ratio of 5.33 and a debt-to-equity ratio of 4.48.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price objective on shares of LBG Media from GBX 140 ($1.74) to GBX 120 ($1.49) and set a “buy” rating for the company in a research report on Thursday.

About LBG Media

LBG Media PLC operates an online media publisher the United Kingdom, Ireland, Australia, the United States, and internationally. The company produces articles, celebrity interviews, documentaries, reality shows, political live-streams, and hard-hitting social purpose campaigns. It offers its products through various brands, such as LADbible, a news site; Gamingbible; SPORTbible, a website for sports; UNILAD Adventure; UNILAD Tech; UNILAD; ODDSbible; UNILAD Sound; and Tyla.