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

LBG Media plc (LON:LBG) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 58 and last traded at GBX 58.14, with a volume of 3631 shares traded. The stock had previously closed at GBX 59.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 170 target price on shares of LBG Media in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 170.

LBG Media Price Performance

The firm has a market capitalization of £121.56 million, a P/E ratio of 11.63 and a beta of 0.60. The stock has a 50 day moving average of GBX 75.66 and a two-hundred day moving average of GBX 86.59. The company has a debt-to-equity ratio of 3.88, a quick ratio of 5.33 and a current ratio of 3.27.

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

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). 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.