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OSB Group (LON:OSB) Reaches New 1-Year High - What's Next?

OSB Group logo with Financial Services background

OSB Group Plc (LON:OSB - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 535 ($7.27) and last traded at GBX 535 ($7.27), with a volume of 792611 shares traded. The stock had previously closed at GBX 526 ($7.15).

Analysts Set New Price Targets

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

View Our Latest Analysis on OSB Group

OSB Group Trading Up 0.5%

The firm's 50-day simple moving average is GBX 497.65 and its 200-day simple moving average is GBX 445.71. The company has a market capitalization of £2.08 billion, a PE ratio of 5.60 and a beta of 1.41.

Insiders Place Their Bets

In other news, insider Andy Golding sold 251,584 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of GBX 484 ($6.58), for a total value of £1,217,666.56 ($1,654,887.96). 0.85% of the stock is currently owned by company insiders.

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.

See Also

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