BH Macro GBP (LON:BHMG) Shares Cross Below Fifty Day Moving Average – Here’s Why

BH Macro GBP (LON:BHMGGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 423.68 and traded as low as GBX 419. BH Macro GBP shares last traded at GBX 427.50, with a volume of 491,149 shares changing hands.

BH Macro GBP Price Performance

The company’s 50-day simple moving average is GBX 423.68 and its 200-day simple moving average is GBX 424.16. The stock has a market capitalization of £1.38 billion, a P/E ratio of 9.31 and a beta of 0.13.

Insider Activity at BH Macro GBP

In other news, insider Richard Horlick sold 25,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of GBX 424, for a total transaction of £106,000. 0.15% of the stock is currently owned by company insiders.

About BH Macro GBP

(Get Free Report)

BH Macro Limited is a feeder fund launched and managed by Brevan Howard Asset Management LLP. It invests its entire corpus in the Brevan Howard Master Fund Limited. BH Macro Limited was formed on January 17, 2007 and is domiciled in Guernsey, Channel Islands.

Further Reading

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