European Wealth Group Limited (LON:EWG – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 106.64 and traded as low as GBX 101.40. European Wealth Group shares last traded at GBX 104.20, with a volume of 5,520,003 shares trading hands.
Analysts Set New Price Targets
Several brokerages recently weighed in on EWG. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 132 target price on shares of European Wealth Group in a research report on Monday, June 22nd. UBS Group reissued a “neutral” rating and issued a GBX 142 price objective on shares of European Wealth Group in a research report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 126.
European Wealth Group Stock Up 0.6%
Insider Buying and Selling at European Wealth Group
In related news, insider Steve Dryden acquired 16,758 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was bought at an average cost of GBX 113 per share, with a total value of £18,936.54. Also, insider Linda Myers bought 59,238 shares of the company’s stock in a transaction dated Tuesday, April 21st. The stock was bought at an average cost of GBX 118 per share, with a total value of £69,900.84. 47.37% of the stock is owned by company insiders.
About European Wealth Group
Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.
Please visit our website https://investors.eurowag.com for more information.
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