Everyman Media Group (LON:EMAN) Stock Price Up 10.9% Following Insider Buying Activity

Everyman Media Group plc (LON:EMANGet Free Report)’s share price shot up 10.9% during trading on Monday following insider buying activity. The stock traded as high as GBX 42.62 and last traded at GBX 42.60. 1,211,928 shares traded hands during trading, an increase of 356% from the average session volume of 265,525 shares. The stock had previously closed at GBX 38.40.

Specifically, insider Charles Dorfman purchased 153,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were purchased at an average price of GBX 36 per share, with a total value of £55,080. Also, insider Charles Dorfman purchased 74,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of GBX 36 per share, with a total value of £26,640. In related news, insider Charles Dorfman acquired 250,000 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was bought at an average price of GBX 35 per share, for a total transaction of £87,500.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued an “under review” rating on shares of Everyman Media Group in a research report on Tuesday, June 16th.

Check Out Our Latest Research Report on EMAN

Everyman Media Group Price Performance

The company has a debt-to-equity ratio of 511.74, a quick ratio of 0.48 and a current ratio of 0.52. The company has a market cap of £38.94 million, a price-to-earnings ratio of -3.75 and a beta of 1.18. The business has a fifty day moving average price of GBX 34.92 and a 200 day moving average price of GBX 30.38.

Everyman Media Group (LON:EMANGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported GBX (11.35) earnings per share for the quarter. Everyman Media Group had a negative net margin of 8.87% and a negative return on equity of 34.27%. The firm had revenue of £116.60 million for the quarter. As a group, research analysts anticipate that Everyman Media Group plc will post 1.8280793 earnings per share for the current year.

Everyman Media Group Company Profile

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