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OSB Group (LON:OSB) Hits New 12-Month High - Here's Why

OSB Group logo with Financial Services background

OSB Group Plc (LON:OSB - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 567 ($7.61) and last traded at GBX 564.50 ($7.58), with a volume of 1232495 shares trading hands. The stock had previously closed at GBX 561 ($7.53).

Analyst Upgrades and Downgrades

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

Get Our Latest Report on OSB Group

OSB Group Stock Up 0.7%

The stock's 50-day moving average is GBX 507.17 and its 200 day moving average is GBX 452.62. The stock has a market capitalization of £2.08 billion, a PE ratio of 5.62 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 that occurred on Friday, May 9th. The shares were sold at an average price of GBX 484 ($6.50), for a total value of £1,217,666.56 ($1,635,110.19). 0.85% of the stock is 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.

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