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OSB Group (LON:OSB) Hits New 1-Year High - Still a Buy?

OSB Group logo with Financial Services background

OSB Group Plc (LON:OSB - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 535 ($7.28) and last traded at GBX 535 ($7.28), with a volume of 792611 shares traded. The stock had previously closed at GBX 526 ($7.16).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "buy" rating on shares of OSB Group in a research report on Wednesday, April 30th.

Read Our Latest Stock Analysis on OSB Group

OSB Group Price Performance

The stock's 50-day moving average is GBX 494.26 and its 200-day moving average is GBX 444.17. The stock has a market cap of £2.03 billion, a price-to-earnings ratio of 5.48 and a beta of 1.41.

Insider Transactions at OSB Group

In other OSB Group news, insider Andy Golding sold 251,584 shares of OSB Group stock in a transaction on Friday, May 9th. The shares were sold at an average price of GBX 484 ($6.59), for a total value of £1,217,666.56 ($1,657,365.67). Company insiders own 0.85% of the company's stock.

About OSB Group

(Get Free Report)

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.

Further Reading

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