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

Shares of GB Group plc (LON:GBG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 333.10 ($4.30) and traded as low as GBX 300.40 ($3.88). GB Group shares last traded at GBX 301.54 ($3.89), with a volume of 446,812 shares.

GB Group Trading Down 1.1 %

The business’s fifty day simple moving average is GBX 331.74 and its two-hundred day simple moving average is GBX 333.03. 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 company has a market cap of £760.57 million, a price-to-earnings ratio of -15.65, a PEG ratio of 173.40 and a beta of 0.30.

Insider Buying and Selling

In related news, insider David ward sold 27,574 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of GBX 313 ($4.04), for a total transaction of £86,306.62 ($111,435.27). 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.