OSB Group (LON:OSB) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

OSB Group Plc (LON:OSB - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 430.28 ($5.78) and traded as high as GBX 453.80 ($6.10). OSB Group shares last traded at GBX 448.66 ($6.03), with a volume of 620,909 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "buy" rating on shares of OSB Group in a research report on Friday, March 14th.

OSB Group Stock Up 0.4 %

The company has a market cap of £1.74 billion, a price-to-earnings ratio of 4.70 and a beta of 1.41. The stock's 50-day simple moving average is GBX 432.92 and its 200 day simple moving average is GBX 406.75.

OSB Group (LON:OSB - Get Free Report) last released its quarterly earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.10) EPS for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. On average, sell-side analysts expect that OSB Group Plc will post 85.1214128 EPS for the current fiscal year.

OSB Group Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, April 3rd were issued a GBX 22.90 ($0.31) dividend. The ex-dividend date was Thursday, April 3rd. This represents a dividend yield of 4.99%. OSB Group's payout ratio is 32.89%.

Insider Transactions at OSB Group

In other OSB Group news, insider Victoria Hyde sold 1,137 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of GBX 455 ($6.11), for a total value of £5,173.35 ($6,950.62). Also, insider Andy Golding sold 12,143 shares of OSB Group stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of GBX 427 ($5.74), for a total value of £51,850.61 ($69,663.59). In the last quarter, insiders sold 46,003 shares of company stock worth $20,804,883. Company insiders own 0.85% of the company's stock.

OSB Group Company Profile

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.