LBG Media plc (LON:LBG – Get Rating) rose 4.5% during mid-day trading on Friday . The company traded as high as GBX 105 ($1.29) and last traded at GBX 105 ($1.29). Approximately 576 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 81,534 shares. The stock had previously closed at GBX 100.51 ($1.23).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 180 ($2.21) price objective on shares of LBG Media in a research note on Friday, July 15th.
LBG Media Stock Performance
The stock’s fifty day simple moving average is GBX 128.45. The firm has a market capitalization of £216.74 million and a PE ratio of 3,500.00.
LBG Media Company Profile
LBG Media PLC operates an online media publisher worldwide. 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.
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