GB Group (LON:GBG) Sets New 1-Year High – Here’s What Happened

Shares of GB Group plc (LON:GBG) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 375 ($4.71) and last traded at GBX 369.60 ($4.65), with a volume of 49533 shares traded. The stock had previously closed at GBX 370 ($4.65).

Wall Street Analysts Forecast Growth

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

GB Group Trading Up 1.0 %

The firm has a market cap of £958.06 million, a P/E ratio of -1,981.05, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 16.45. The firm’s 50-day simple moving average is GBX 323.97 and its 200 day simple moving average is GBX 333.17.

GB Group Company Profile

GB Group plc, together with its subsidiaries, provides digital identity products and services in the United Kingdom, the United States of America, Australia, and internationally. The company operates through three segments: Location, Identity, and Fraud. It provides identity products comprising ID3global, an identity verification, IDscan, a ID document verification, IDscan core, a personalized document verification, Scannet, a venue ID verification, investigate, a search subject analysis, and ProID, a no-code industry verification solution.