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Paragon Banking Group (LON:PAG) Receives "Buy" Rating from Shore Capital

Paragon Banking Group logo with Financial Services background

Paragon Banking Group (LON:PAG - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Shore Capital in a report issued on Thursday, MarketBeat.com reports.

Paragon Banking Group Price Performance

Shares of PAG stock traded up GBX 18 ($0.24) on Thursday, reaching GBX 772.50 ($10.19). 158,720 shares of the stock were exchanged, compared to its average volume of 1,033,587. The stock has a 50 day moving average price of GBX 749.29 and a 200 day moving average price of GBX 745.84. The stock has a market cap of £1.55 billion, a PE ratio of 8.34, a P/E/G ratio of 0.50 and a beta of 1.52. Paragon Banking Group has a one year low of GBX 650.50 ($8.58) and a one year high of GBX 868 ($11.45).

Insider Buying and Selling at Paragon Banking Group

In other news, insider Richard Woodman acquired 2,193 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of GBX 746 ($9.84) per share, for a total transaction of £16,359.78 ($21,571.44). Also, insider Graeme Yorston bought 458 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of GBX 717 ($9.45) per share, for a total transaction of £3,283.86 ($4,329.98). Over the last ninety days, insiders have acquired 2,810 shares of company stock valued at $2,082,024. 3.59% of the stock is currently owned by insiders.

Paragon Banking Group Company Profile

(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.

Further Reading

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