GB Group (LON:GBG) Reaches New 12-Month High – Here’s What Happened

GB Group plc (LON:GBG) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 375 ($4.72) and last traded at GBX 369.60 ($4.65), with a volume of 49533 shares. The stock had previously closed at GBX 370 ($4.66).

Analyst Upgrades and Downgrades

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

GB Group Trading Up 0.2 %

The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74. The business’s 50-day moving average price is GBX 321.45 and its 200-day moving average price is GBX 332.09. The firm has a market capitalization of £934.86 million, a PE ratio of -1,947.37, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30.

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.