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GB Group (LON:GBG) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

GB Group logo with Computer and Technology background
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Key Points

  • Shares fell below their 200-day moving average: GB Group dropped under the 200‑day MA of GBX 231.80, trading as low as GBX 194.40 and last at GBX 195.20 on a volume of 4,194,007 shares, signalling recent short-term weakness.
  • Analysts remain bullish: Four equity analysts rate the stock a "Buy" with an average target of GBX 357.50, implying substantial upside from the current price.
  • Valuation and liquidity metrics show mixed fundamentals: market cap £457.62m, P/E 54.22 and PEG 173.40 alongside a quick ratio of 0.74 and current ratio of 1.07, suggesting an expensive valuation and modest short‑term liquidity.
  • MarketBeat previews top five stocks to own in May.

Shares of GB Group plc (LON:GBG - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 231.80 and traded as low as GBX 194.40. GB Group shares last traded at GBX 195.20, with a volume of 4,194,007 shares changing hands.

Wall Street Analysts Forecast Growth

GBG has been the topic of a number of analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 340 price target on shares of GB Group in a research note on Wednesday, November 26th. Shore Capital Group reissued a "buy" rating and set a GBX 390 price objective on shares of GB Group in a research note on Wednesday, November 26th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 400 target price on shares of GB Group in a report on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, GB Group currently has an average rating of "Buy" and an average target price of GBX 357.50.

Check Out Our Latest Research Report on GB Group

GB Group Price Performance

The company has a debt-to-equity ratio of 16.35, a quick ratio of 0.74 and a current ratio of 1.07. The firm has a 50-day moving average of GBX 215.29 and a 200-day moving average of GBX 231.80. The firm has a market capitalization of £457.62 million, a P/E ratio of 54.22, a PEG ratio of 173.40 and a beta of 0.30.

GB Group Company Profile

(Get Free Report)

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. We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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