Print Published 12th Jan 2019, 18:11

Sector share prices: 12 January 2019

Shares in most publicly listed marketing services companies showed very little movement over the Christmas period and the overall mood was fairly subdued.  The sector’s MSFI Index eased by just 0.45% in the month to 12 January while the FTSE All-Share Index added 1%.

Special circumstances boosted the price of shares in Matomy Media Group and Ebiquity – in Matomy’s case by 43.3% in the hope of a resolution of its going concern crisis as it faced an obligation to buy out the minority shareholding in Team Internet while having breached covenants given to bondholders (see Matomy Media improves its proposal to bondholders).

Ebiquity’s shares improved by 14.5% after completing the long delayed sale of its intelligence business to Nielsen (see Ebiquity completes sale of intelligence business to Nielsen).

Other shares to show an improvement were those of DotDigital Group (up 6.8%) and Cello Health (up 6.7%).

Prices eased back a little at a number of companies that had made good gains during the year as a whole.  At Kin & Carta (formerly St Ives) the price dropped by 0.6% but still showed a gain of 52.6% in the year.

At The Mission Marketing Group, the shares lost 3.7% in the month but had gained 35.3% over the year.  Similarly, Huntsworth shares slipped by 3.8% but remained 32.1% ahead over the year, and Next Fifteen Communications Group’s shares lost 6% in the month but were 23% ahead over the year.