OSB Group (LON:OSB) Stock Price Passes Above 50-Day Moving Average – Here’s Why

OSB Group Plc (LON:OSBGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 388.74 ($4.81) and traded as high as GBX 406 ($5.03). OSB Group shares last traded at GBX 404.60 ($5.01), with a volume of 206,404 shares traded.

OSB Group Stock Performance

The firm’s 50 day simple moving average is GBX 389.39 and its 200 day simple moving average is GBX 413.37. The firm has a market capitalization of £1.51 billion, a price-to-earnings ratio of 414.97 and a beta of 1.41.

OSB Group Company Profile

(Get Free Report)

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.

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