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GB Group (LON:GBG) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

GB Group logo with Computer and Technology background

GB Group plc (LON:GBG - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 336.09 ($4.09) and traded as low as GBX 330 ($4.02). GB Group shares last traded at GBX 340 ($4.14), with a volume of 356,420 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "buy" rating on shares of GB Group in a report on Tuesday, November 19th.

Read Our Latest Research Report on GBG

GB Group Trading Down 0.2 %

The firm has a market capitalization of £855.70 million, a PE ratio of -1,786.32, a price-to-earnings-growth 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. The company has a fifty day moving average of GBX 351.29 and a 200-day moving average of GBX 336.08.

About GB Group

(Get Free Report)

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.

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