OSB Group (LON:OSB) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of OSB Group Plc (LON:OSBGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 400.94 ($5.05) and traded as high as GBX 421 ($5.30). OSB Group shares last traded at GBX 414.60 ($5.22), with a volume of 399,913 shares traded.

OSB Group Stock Performance

The firm has a market cap of £1.54 billion, a P/E ratio of 4.16 and a beta of 1.41. The business’s 50-day simple moving average is GBX 400.94 and its 200 day simple moving average is GBX 394.76.

About OSB Group

(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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