Paragon Banking Group PLC (LON:PAG - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 795.21 ($10.92) and traded as high as GBX 927.50 ($12.74). Paragon Banking Group shares last traded at GBX 926 ($12.72), with a volume of 211,030 shares.
Analysts Set New Price Targets
Several equities analysts have issued reports on PAG shares. Shore Capital reissued a "buy" rating on shares of Paragon Banking Group in a research note on Wednesday, June 4th. Canaccord Genuity Group raised their target price on shares of Paragon Banking Group from GBX 844 ($11.59) to GBX 958 ($13.16) and gave the stock a "buy" rating in a research note on Wednesday, May 21st.
Check Out Our Latest Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The company has a market cap of £1.89 billion, a price-to-earnings ratio of 10.18, a PEG ratio of 0.50 and a beta of 1.52. The company has a 50-day simple moving average of GBX 888.25 and a 200-day simple moving average of GBX 797.42.
Insider Buying and Selling
In other Paragon Banking Group news, insider Nigel S. Terrington acquired 2,753 shares of the business's stock in a transaction on Monday, June 30th. The stock was purchased at an average price of GBX 941 ($12.92) per share, for a total transaction of £25,905.73 ($35,575.02). Also, insider Richard Woodman bought 1,739 shares of Paragon Banking Group stock in a transaction on Monday, June 30th. The stock was acquired at an average cost of GBX 941 ($12.92) per share, with a total value of £16,363.99 ($22,471.83). 3.59% of the stock is owned by insiders.
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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