BH Macro GBP (LON:BHMG) Trading Up 1.4% - Time to Buy?

Key Points

• BH Macro GBP (LON:BHMG) saw an increase of 1.4% in its stock price, reaching GBX 401.50 ($5.39) during mid-day trading on Tuesday, with trading volume up by 7% from the average.
• The company's market cap stands at £1.40 billion, with a high price-to-earnings ratio of 547.46 and a 50-day moving average price of GBX 393.65.
• Insider John Whittle purchased 10,000 shares at an average price of GBX 393 per share, suggesting confidence in the company's performance.

BH Macro GBP (LON:BHMG - ) rose 1.4% during mid-day trading on Tuesday . The stock traded as high as GBX 402.50 ($5.40) and last traded at GBX 401.50 ($5.39). Approximately 707,246 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 661,769 shares. The stock had previously closed at GBX 396 ($5.32).

BH Macro GBP Stock Up 1.4%

The company's 50-day moving average price is GBX 393.65 and its 200-day moving average price is GBX 393.48. The firm has a market cap of £1.40 billion, a price-to-earnings ratio of 547.46 and a beta of -0.28.

Insider Activity

In related news, insider John Whittle bought 10,000 shares of the company's stock in a transaction dated Wednesday, September 24th. The shares were acquired at an average price of GBX 393 per share, for a total transaction of £39,300. 0.13% of the stock is currently owned by company insiders.

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.

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