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GB Group (LON:GBG) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

GB Group logo with Computer and Technology background

Shares of GB Group plc (LON:GBG - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 313.68 ($4.24) and traded as low as GBX 271 ($3.67). GB Group shares last traded at GBX 273 ($3.69), with a volume of 663,730 shares traded.

Analysts Set New Price Targets

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

View Our Latest Analysis on GBG

GB Group Price Performance

The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 16.45. The company has a fifty day moving average price of GBX 264.31 and a two-hundred day moving average price of GBX 313.68. The firm has a market capitalization of £688.58 million, a price-to-earnings ratio of -14.17, a P/E/G ratio of 173.40 and a beta of 0.30.

GB Group Company Profile

(Get Free Report)

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.

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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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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