GB Group (LON:GBG) Shares Cross Below 200-Day Moving Average of $314.74

GB Group plc (LON:GBG)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 314.74 ($4.12) and traded as low as GBX 303 ($3.96). GB Group shares last traded at GBX 305 ($3.99), with a volume of 997,943 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 395 ($5.17) target price on shares of GB Group in a research report on Wednesday, June 12th.

GB Group Stock Performance

The stock’s fifty day simple moving average is GBX 337.81 and its 200-day simple moving average is GBX 314.86. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 16.45. The company has a market capitalization of £773.44 million, a PE ratio of -1,605.26, a PEG ratio of 173.40 and a beta of 0.30.

Insider Buying and Selling

In other news, insider Dev Dhiman acquired 20,000 shares of GB Group stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average cost of GBX 338 ($4.42) per share, with a total value of £67,600 ($88,400.68). Insiders own 1.75% of the company’s stock.

GB Group Company Profile

GB Group plc, together with its subsidiaries, provides digital identity products and services in the United Kingdom, the United States of America, Australia, and internationally. The company operates through three segments: Location, Identity, and Fraud. It provides identity products comprising ID3global, an identity verification, IDscan, a ID document verification, IDscan core, a personalized document verification, Scannet, a venue ID verification, investigate, a search subject analysis, and ProID, a no-code industry verification solution.