LBG Media (LON:LBG) Reaches New 52-Week Low – Should You Sell?

LBG Media plc (LON:LBG) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 38.10 and last traded at GBX 39.90, with a volume of 9801 shares traded. The stock had previously closed at GBX 39.30.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price target on LBG Media from GBX 170 to GBX 90 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 90.

LBG Media Trading Up 1.5%

The stock has a 50-day simple moving average of GBX 58.56 and a 200 day simple moving average of GBX 77.14. The company has a current ratio of 3.27, a quick ratio of 5.33 and a debt-to-equity ratio of 3.88. The company has a market cap of £83.42 million, a price-to-earnings ratio of 7.98 and a beta of 0.79.

LBG Media (LON:LBG) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share (EPS) for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%. As a group, equities research analysts predict that LBG Media plc will post 8.3434836 EPS for the current fiscal 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). 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.