GB Group plc (LON:GBG – Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 153.75 and traded as low as GBX 152.40. GB Group shares last traded at GBX 153.25, with a volume of 1,964,715 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on GBG. Berenberg Bank lowered their price target on shares of GB Group from GBX 190 to GBX 175 and set a “hold” rating for the company in a report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft reduced their target price on GB Group from GBX 345 to GBX 157 and set a “buy” rating on the stock in a research note on Wednesday, October 21st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 210 price target on shares of GB Group in a research note on Wednesday, October 21st. Finally, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 300 price target on shares of GB Group in a research report on Tuesday, October 20th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 249.50.
GB Group Trading Down 3.5%
The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. The firm has a 50 day moving average price of GBX 153.75 and a two-hundred day moving average price of GBX 195.32. The company has a market cap of £350.48 million, a price-to-earnings ratio of -4.99, a PEG ratio of 173.40 and a beta of 0.02.
About GB Group
GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.
For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.
GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index.
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