XLMedia PLC (LON:XLM)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 210 ($2.83) and last traded at GBX 205.50 ($2.77), with a volume of 296003 shares traded. The stock had previously closed at GBX 203 ($2.73).
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 220 ($2.96) target price on shares of XLMedia in a research note on Thursday.
In related news, insider Ory Weihs bought 30,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of GBX 161 ($2.17) per share, for a total transaction of £48,300 ($65,006.73). Insiders acquired 308,540 shares of company stock worth $44,800,560 over the last quarter.
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XLMedia 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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