European Wealth Group Limited (LON:EWG - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 100.17 and traded as high as GBX 105.80. European Wealth Group shares last traded at GBX 104.80, with a volume of 109,070,359 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a "buy" rating and set a GBX 132 target price on shares of European Wealth Group in a report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, European Wealth Group currently has an average rating of "Moderate Buy" and a consensus price target of GBX 137.
Check Out Our Latest Analysis on EWG
European Wealth Group Price Performance
The company's 50-day moving average price is GBX 100.17 and its two-hundred day moving average price is GBX 105.15. The company has a market capitalization of £729.32 million and a P/E ratio of -213.88.
Insider Transactions at European Wealth Group
In other news, insider Steve Dryden bought 30,857 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was acquired at an average price of GBX 97 per share, with a total value of £29,931.29. Insiders own 47.37% of the company's stock.
About European Wealth Group
(
Get Free Report)
Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe's commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.
Please visit our website https://investors.eurowag.com for more information.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider European Wealth 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 European Wealth Group wasn't on the list.
While European Wealth Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
