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OSB Group (LON:OSB) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

OSB Group logo with Financial Services background

Key Points

  • OSB Group Plc shares have crossed above their fifty-day moving average, trading at GBX 556.50 ($7.49) with a notable trading volume of 589,034 shares.
  • Shore Capital has reiterated a "buy" rating for OSB Group, contributing to a consensus rating of "Buy" from analysts.
  • The company's market capitalization stands at £2.04 billion with a price-to-earnings ratio of 5.50, reflecting its financial performance.
  • Interested in OSB Group? Here are five stocks we like better.

OSB Group Plc (LON:OSB - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 544.18 ($7.35) and traded as high as GBX 556.50 ($7.52). OSB Group shares last traded at GBX 556.50 ($7.52), with a volume of 589,034 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upped their target price on OSB Group from GBX 565 to GBX 635 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, OSB Group currently has a consensus rating of "Buy" and a consensus target price of GBX 635.

Check Out Our Latest Report on OSB Group

OSB Group Price Performance

The firm has a market capitalization of £1.92 billion, a price-to-earnings ratio of 696.83 and a beta of 1.41. The stock has a fifty day moving average of GBX 548.08 and a two-hundred day moving average of GBX 487.50.

OSB Group (LON:OSB - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The company reported GBX 37.30 earnings per share for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. On average, research analysts forecast that OSB Group Plc will post 85.1214128 EPS for the current year.

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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