GB Group (LON:GBG) Reaches New 1-Year High – Here’s Why

GB Group plc (LON:GBG)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 385 ($4.89) and last traded at GBX 379.43 ($4.82), with a volume of 129034 shares. The stock had previously closed at GBX 378.60 ($4.81).

Wall Street Analyst Weigh In

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

GB Group Stock Performance

The stock’s 50-day moving average price is GBX 327.70 and its 200 day moving average price is GBX 334.44. 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 £960.92 million, a P/E ratio of -1,992.63, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30.

GB Group Company Profile

GB Group plc, together with its subsidiaries, provides digital identity products and services in the United Kingdom, the United States of America, Australia, and internationally. The company operates through three segments: Location, Identity, and Fraud. It provides identity products comprising ID3global, an identity verification, IDscan, a ID document verification, IDscan core, a personalized document verification, Scannet, a venue ID verification, investigate, a search subject analysis, and ProID, a no-code industry verification solution.