Everyman Media Group plc (LON:EMAN – Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 57.55 ($0.75) and traded as high as GBX 59 ($0.77). Everyman Media Group shares last traded at GBX 56.17 ($0.74), with a volume of 5,154 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 200 ($2.62) price target on shares of Everyman Media Group in a research report on Thursday, July 25th.
View Our Latest Stock Analysis on EMAN
Everyman Media Group Stock Down 2.3 %
Insiders Place Their Bets
In related news, insider Michael Rosehill bought 750,000 shares of the stock in a transaction on Tuesday, July 30th. The shares were bought at an average cost of GBX 53 ($0.69) per share, for a total transaction of £397,500 ($520,219.87). 61.84% of the stock is owned by insiders.
About Everyman Media Group
Everyman Media Group plc, together with its subsidiaries, engages in the ownership and management of cinemas in the United Kingdom. The company operates a network of 38 venues with 130 screens under the Everyman brand name. It is also involved in the property management business. The company was formerly known as Finlaw Two Plc and changed its name to Everyman Media Group plc in October 2013.
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