XLMedia PLC (LON:XLM) hit a new 52-week high on Monday . The stock traded as high as GBX 155 ($2.04) and last traded at GBX 155 ($2.04), with a volume of 20,000 shares changing hands. The stock had previously closed at GBX 149.50 ($1.97).
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 170 ($2.24) price target on shares of XLMedia PLC in a research report on Monday, August 14th.
The firm’s 50 day moving average is GBX 137.87 and its 200 day moving average is GBX 127.53. The stock’s market capitalization is GBX 307.45 million.
The business also recently announced a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 21st will be paid a dividend of $0.04 per share. This is a positive change from XLMedia PLC’s previous dividend of $0.04. This represents a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, September 21st.
In other XLMedia PLC news, insider Ory Weihs acquired 148,148 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average cost of GBX 135 ($1.77) per share, with a total value of £199,999.80 ($262,950.04).
XLMedia PLC Company Profile
XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.
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