GB Group (LON:GBG) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

GB Group plc (LON:GBG)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 343.99 ($4.31) and traded as high as GBX 350 ($4.39). GB Group shares last traded at GBX 344 ($4.31), with a volume of 94,032 shares.

Analysts Set New Price Targets

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

GB Group Stock Performance

The company has a debt-to-equity ratio of 16.45, a quick ratio of 0.74 and a current ratio of 1.00. The firm has a market capitalization of £867.29 million, a PE ratio of -1,810.53, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30. The firm’s 50 day moving average price is GBX 344.97 and its 200-day moving average price is GBX 336.58.

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.