The stock of GB Group plc (LON:GBG) is a huge mover today! The stock decreased 7.99% or GBX 19 on November 7, hitting GBX 218.75. About 730,104 shares traded hands or 36.44% up from the average. GB Group plc (LON:GBG) has declined 16.83% since April 8, 2016 and is downtrending. It has underperformed by 18.78% the S&P500.
The move comes after 8 months negative chart setup for the GBX 292.70 million company. It was reported on Nov, 7 by Barchart.com. We have GBX 194.69 PT which if reached, will make LON:GBG worth GBX 32.20 million less.
GB Group plc (LON:GBG) Ratings Coverage
Out of 4 analysts covering GB Group PLC (LON:GBG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GB Group PLC has been the topic of 25 analyst reports since October 23, 2015 according to StockzIntelligence Inc. As per Thursday, October 13, the company rating was maintained by FinnCap. FinnCap maintained the shares of GBG in a report on Thursday, October 20 with “Buy” rating. The stock has “Buy” rating given by FinnCap on Wednesday, May 18. Peel Hunt maintained the shares of GBG in a report on Tuesday, December 1 with “Buy” rating. Peel Hunt maintained GB Group plc (LON:GBG) rating on Tuesday, November 3. Peel Hunt has “Buy” rating and GBX 300 price target. FinnCap maintained the stock with “Buy” rating in Tuesday, October 27 report. FinnCap maintained the shares of GBG in a report on Wednesday, June 29 with “Buy” rating. Peel Hunt maintained GB Group plc (LON:GBG) on Wednesday, June 8 with “Buy” rating. The stock of GB Group plc (LON:GBG) has “Buy” rating given on Monday, August 15 by FinnCap. The firm earned “Buy” rating on Wednesday, April 20 by FinnCap.
GB Group plc is engaged in the provision of identity data intelligence services. The company has a market cap of 292.70 million GBP. The Firm operates through two divisions: Identity Proofing division and Identity Solutions division. It has a 30.31 P/E ratio. The Identity Proofing division includes electronic Identification Verification services for combating ID fraud, money laundering and under-age gambling; ID Employ & Comply services for employee authentication and screening, and ID Fraud & Risk Management services.
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