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

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

Wall Street Analyst Weigh In

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

GB Group Trading Up 1.0 %

The firm has a market capitalization of £958.06 million, a PE ratio of -1,981.05, a PEG ratio of 173.40 and a beta of 0.30. The firm’s fifty day moving average is GBX 323.97 and its two-hundred day moving average is GBX 333.17. The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74.

About GB Group

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.