OSB Group (LON:OSB) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

OSB Group Plc (LON:OSB)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 447.96 ($5.98) and traded as high as GBX 482.60 ($6.45). OSB Group shares last traded at GBX 480 ($6.41), with a volume of 861,865 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of OSB Group in a research note on Wednesday, April 30th.

OSB Group Price Performance

The company has a market capitalization of £1.77 billion, a PE ratio of 4.78 and a beta of 1.41. The business has a 50-day moving average of GBX 447.96 and a 200 day moving average of GBX 417.52.

OSB Group (LON:OSB) last posted its earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.10) EPS for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. As a group, research analysts anticipate that OSB Group Plc will post 85.1214128 EPS for the current year.

OSB Group Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 3rd were given a dividend of GBX 22.90 ($0.31) per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a yield of 4.99%. OSB Group’s dividend payout ratio (DPR) is currently 32.89%.

Insider Transactions at OSB Group

In related news, insider Victoria Hyde sold 1,137 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of GBX 455 ($6.08), for a total value of £5,173.35 ($6,909.78). Also, insider Andy Golding sold 251,584 shares of the firm’s stock in a transaction on Friday, May 9th. The stock was sold at an average price of GBX 484 ($6.46), for a total value of £1,217,666.56 ($1,626,374.46). Insiders have sold a total of 297,587 shares of company stock worth $142,571,539 in the last three months. Insiders own 0.85% of the company’s stock.

About OSB Group

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.