Shares of European Wealth Group Limited (LON:EWG – Get Free Report) crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 100.30 and traded as low as GBX 99.90. European Wealth Group shares last traded at GBX 99.90, with a volume of 6,311,057 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 132 target price on shares of European Wealth Group in a report on Thursday, October 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 137.
Get Our Latest Analysis on EWG
European Wealth Group Trading Down 1.3%
The company has a 50-day moving average price of GBX 100.30 and a 200 day moving average price of GBX 107.61. The stock has a market capitalization of £695.24 million and a P/E ratio of -203.88.
Insider Buying and Selling at European Wealth Group
In other European Wealth Group news, insider Steve Dryden purchased 30,857 shares of European Wealth Group stock in a transaction that occurred on Friday, September 11th. The stock was acquired at an average price of GBX 97 per share, for a total transaction of £29,931.29. Company insiders own 47.37% of the company’s stock.
About European Wealth Group
Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.
Please visit our website https://investors.eurowag.com for more information.
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