GB Group (LON:GBG) Reaches New 12-Month High – Here’s Why

GB Group plc (LON:GBG) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 367 ($4.64) and last traded at GBX 360.60 ($4.56), with a volume of 328016 shares trading hands. The stock had previously closed at GBX 341.40 ($4.32).

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of GB Group in a report on Tuesday.

GB Group Price Performance

The business has a fifty day moving average of GBX 318.30 and a 200 day moving average of GBX 331.06. The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74. The stock has a market cap of £887.97 million, a PE ratio of -1,860.00, a P/E/G ratio of 173.40 and a beta of 0.30.

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.