GB Group (OTCMKTS:GBGPF) Stock Price Down 19.8% – Here’s Why

GB Group plc (OTCMKTS:GBGPFGet Free Report) was down 19.8% on Monday . The company traded as low as $2.1820 and last traded at $2.1820. 10,000 shares were traded during trading, a decline of 64% from the average session volume of 27,800 shares. The stock had previously closed at $2.72.

GB Group Stock Down 19.8%

The firm’s fifty day moving average is $2.61 and its 200-day moving average is $2.66.

GB Group Company Profile

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GB Group plc, trading in the U.S. on the OTC market under the ticker GBGPF, is a UK-based specialist in digital identity verification and location intelligence. The company offers software-as-a-service platforms designed to help organizations authenticate customer identities remotely, manage anti-money laundering (AML) and compliance requirements, and mitigate fraud risks across online and mobile channels.

GB Group’s product portfolio includes identity verification services that draw on government registries and proprietary data sources, document and biometric verification, device fingerprinting and identity-based geolocation analytics.

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