Shares of OSB Group Plc (LON:OSB - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 476.98 ($6.46) and traded as high as GBX 508 ($6.88). OSB Group shares last traded at GBX 496 ($6.72), with a volume of 2,766,021 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of OSB Group in a report on Wednesday, April 30th.
Read Our Latest Stock Analysis on OSB
OSB Group Stock Up 2.5%
The firm has a market capitalization of £1.89 billion, a PE ratio of 5.10 and a beta of 1.41. The company's 50-day simple moving average is GBX 478.69 and its 200 day simple moving average is GBX 436.74.
Insider Buying and Selling at OSB Group
In other news, insider Andy Golding sold 12,143 shares of the business's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of GBX 427 ($5.78), for a total transaction of £51,850.61 ($70,201.20). 0.85% of the stock is owned by insiders.
OSB Group Company Profile
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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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