Paragon Banking Group PLC (LON:PAG - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 781.86 ($10.56) and traded as high as GBX 911.25 ($12.30). Paragon Banking Group shares last traded at GBX 907 ($12.25), with a volume of 9,187,660 shares.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on PAG. Canaccord Genuity Group lifted their price target on Paragon Banking Group from GBX 844 ($11.39) to GBX 958 ($12.93) and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Shore Capital reaffirmed a "buy" rating on shares of Paragon Banking Group in a research note on Wednesday, June 4th.
Get Our Latest Stock Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The firm has a market capitalization of £1.81 billion, a PE ratio of 9.77, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. The stock's 50 day simple moving average is GBX 840.63 and its two-hundred day simple moving average is GBX 781.86.
Insider Activity at Paragon Banking Group
In other Paragon Banking Group news, insider Peter Hill acquired 159 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of GBX 740 ($9.99) per share, for a total transaction of £1,176.60 ($1,588.50). Also, insider Richard Woodman sold 21,497 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 778 ($10.50), for a total value of £167,246.66 ($225,795.41). Insiders own 3.59% of the company's stock.
About Paragon Banking Group
(
Get Free Report)
Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
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