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OSB Group (LON:OSB) Reaches New 1-Year High - Here's Why

OSB Group logo with Financial Services background

OSB Group Plc (LON:OSB - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 570 ($7.74) and last traded at GBX 570 ($7.74), with a volume of 531695 shares trading hands. The stock had previously closed at GBX 564 ($7.66).

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.

Check Out Our Latest Stock Analysis on OSB

OSB Group Price Performance

The business has a fifty day simple moving average of GBX 514.35 and a 200 day simple moving average of GBX 457.11. The firm has a market cap of £2.08 billion, a price-to-earnings ratio of 5.60 and a beta of 1.41.

Insider Buying and Selling at OSB Group

In other news, insider Andy Golding sold 251,584 shares of the firm'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 ($1,654,438.26). Corporate 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.

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