Shares of Paragon Banking Group PLC (LON:PAG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 789.31 ($10.59) and traded as high as GBX 909.50 ($12.20). Paragon Banking Group shares last traded at GBX 906 ($12.16), with a volume of 289,547 shares.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on PAG. Shore Capital restated a "buy" rating on shares of Paragon Banking Group in a report on Wednesday, June 4th. Canaccord Genuity Group upped their target price on shares of Paragon Banking Group from GBX 844 ($11.33) to GBX 958 ($12.86) and gave the stock a "buy" rating in a research note on Wednesday, May 21st.
View Our Latest Analysis on Paragon Banking Group
Paragon Banking Group Stock Performance
The firm's 50 day moving average is GBX 864.05 and its two-hundred day moving average is GBX 789.31. The stock has a market capitalization of £1.81 billion, a PE ratio of 9.78, a P/E/G ratio of 0.50 and a beta of 1.52.
Insider Buying and Selling
In other Paragon Banking Group news, insider Richard Woodman sold 21,497 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 778 ($10.44), for a total value of £167,246.66 ($224,431.91). 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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Paragon Banking Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paragon Banking Group wasn't on the list.
While Paragon Banking Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
