GB Group (LON:GBG) Stock Passes Above 50 Day Moving Average - What's Next?

GB Group plc (LON:GBG - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 271.27 ($3.68) and traded as high as GBX 286 ($3.88). GB Group shares last traded at GBX 275.50 ($3.74), with a volume of 842,922 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "buy" rating on shares of GB Group in a research report on Thursday, April 24th.

GB Group Trading Up 2.5%

The stock has a market cap of £694.40 million, a P/E ratio of -14.29, a P/E/G ratio of 173.40 and a beta of 0.30. The company has a current ratio of 1.00, a quick ratio of 0.74 and a debt-to-equity ratio of 16.45. The company has a 50-day moving average price of GBX 269.24 and a two-hundred day moving average price of GBX 317.19.

Insider Activity

In other GB Group news, insider David ward sold 27,574 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of GBX 313 ($4.25), for a total value of £86,306.62 ($117,105.32). Corporate insiders own 1.75% of the company's stock.

About GB Group

GBG is the leading expert in global identity and location tech, 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.