Shares of European Wealth Group Limited (LON:EWG – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 105.85 and traded as high as GBX 110. European Wealth Group shares last traded at GBX 108, with a volume of 98,477 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on EWG shares. UBS Group restated a “neutral” rating and issued a GBX 142 price objective on shares of European Wealth Group in a report on Wednesday, March 25th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 132 target price on shares of European Wealth Group in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 126.
Read Our Latest Research Report on EWG
European Wealth Group Stock Down 9.5%
Insider Buying and Selling
In other news, insider Steve Dryden bought 16,758 shares of the company’s stock in a transaction on Monday, June 1st. The shares were bought at an average cost of GBX 113 per share, with a total value of £18,936.54. Also, insider Linda Myers acquired 59,238 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was purchased at an average price of GBX 118 per share, for a total transaction of £69,900.84. Insiders own 47.37% of the company’s stock.
European Wealth Group Company Profile
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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