GB Group (LON:GBG) Given Buy Rating at Shore Capital

GB Group (LON:GBG - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Shore Capital in a research report issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 390 ($5.24) target price on the stock. Shore Capital's price objective points to a potential upside of 66.12% from the stock's current price.

GB Group Stock Down 1.1%

GBG stock traded down GBX 2.73 ($0.04) during midday trading on Tuesday, hitting GBX 234.77 ($3.16). The stock had a trading volume of 609,046 shares, compared to its average volume of 1,079,884. The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74. The business has a 50-day moving average of GBX 248.58 and a two-hundred day moving average of GBX 284.35. GB Group has a 52-week low of GBX 210 ($2.82) and a 52-week high of GBX 385 ($5.17). The firm has a market cap of £592.15 million, a price-to-earnings ratio of -12.19, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30.

GB Group (LON:GBG - Get Free Report) last announced its quarterly earnings results on Tuesday, June 10th. The company reported GBX 17.50 ($0.24) earnings per share (EPS) for the quarter. GB Group had a negative return on equity of 7.73% and a negative net margin of 17.52%. As a group, equities research analysts forecast that GB Group will post 17.0176437 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider David ward purchased 10,000 shares of GB Group stock in a transaction on Thursday, June 19th. The stock was acquired at an average price of GBX 235 ($3.16) per share, for a total transaction of £23,500 ($31,581.78). 1.75% of the stock is currently owned by insiders.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere. For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.