GB Group (LON:GBG) Shares Pass Below 200-Day Moving Average - Here's What Happened

Shares of GB Group plc (LON:GBG - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 ($3.90), with a volume of 446,812 shares traded.

GB Group Stock Up 1.3 %

The business has a 50-day moving average of GBX 331.26 and a 200 day moving average of GBX 332.82. The company has a market capitalization of £775.85 million, a PE ratio of -15.97, a P/E/G ratio of 173.40 and a beta of 0.30. The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74.

Insider Transactions at GB Group

In related news, insider David ward sold 27,574 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of GBX 313 ($4.04), for a total value of £86,306.62 ($111,521.67). Insiders own 1.75% of the company's stock.

GB Group Company Profile

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.