BH Macro GBP (LON:BHMG) Stock Passes Above 200 Day Moving Average – Here’s Why

BH Macro GBP (LON:BHMG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 401.06 and traded as high as GBX 428.50. BH Macro GBP shares last traded at GBX 425.50, with a volume of 2,054,158 shares changing hands.

BH Macro GBP Stock Performance

The company has a market cap of £1.44 billion, a price-to-earnings ratio of 5.84 and a beta of -0.28. The company’s 50 day moving average price is GBX 408.77 and its 200-day moving average price is GBX 401.31.

About BH Macro GBP

BH Macro Limited is a feeder fund launched and managed by Brevan Howard Asset Management LLP. It invests its entire corpus in the Brevan Howard Master Fund Limited. BH Macro Limited was formed on January 17, 2007 and is domiciled in Guernsey, Channel Islands.