Shawbrook Group plc (LON:SHAW – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 451.02 and traded as low as GBX 388.50. Shawbrook Group shares last traded at GBX 411, with a volume of 471,591 shares changing hands.
Shawbrook Group Price Performance
The firm has a market cap of £2.14 billion and a price-to-earnings ratio of 16.82. The company has a fifty day moving average of GBX 451.02.
About Shawbrook Group
Shawbrook Group plc is a lending and savings bank. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Property Finance segment provides mortgages for investors, businesses and personal customers. It serves professional landlords and property traders in residential and commercial asset classes across long-term and shorter-term finance. The Business Finance segment includes propositions, such as the Regional Business Centers that provide finance solutions; Structured Finance proposition, which consists of lending to small and medium enterprise (SME) finance companies, and Specialist Sectors proposition, which consists of leasing and hire purchase finance solutions.
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