GB Group (LON:GBG) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

GB Group plc (LON:GBG) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 336.53 ($4.16) and traded as low as GBX 336.40 ($4.16). GB Group shares last traded at GBX 337.44 ($4.17), with a volume of 447,890 shares traded.

Analyst Upgrades and Downgrades

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

GB Group Price Performance

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 business’s 50-day moving average price is GBX 351.64 and its two-hundred day moving average price is GBX 336.53. The firm has a market cap of £851.66 million, a price-to-earnings ratio of -1,777.89, a P/E/G ratio of 173.40 and a beta of 0.30.

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.