GB Group (LON:GBG) Stock Crosses Below 200-Day Moving Average – Should You Sell?

GB Group plc (LON:GBG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 334.53 ($4.33) and traded as low as GBX 290.60 ($3.76). GB Group shares last traded at GBX 298.20 ($3.86), with a volume of 513,546 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of GB Group in a report on Tuesday, November 19th.

GB Group Trading Up 1.8 %

The company has a market cap of £752.14 million, a P/E ratio of -15.48, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30. 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 firm’s 50-day moving average price is GBX 336.58 and its 200-day moving average price is GBX 334.53.

Insider Activity at GB Group

In other news, insider David ward sold 27,574 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of GBX 313 ($4.05), for a total transaction of £86,306.62 ($111,796.14). 1.75% of the stock is owned by company insiders.

About GB Group

We are the leading experts in global identity and location software.

In an increasingly digital world, we help businesses grow by giving them intelligence to make the best decisions about their customers, when it matters most.

Every second, our global data, agile technology, and expert teams, power over 20,000 of the world’s best-known organisations to reach and trust their customers.

We are headquartered in the UK with over 1,100 team members in 17 countries.