GB Group plc (LON:GBG) insider Chris Clark sold 110,500 shares of the company’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of GBX 483 ($6.31), for a total transaction of £533,715 ($697,393.18).
GB Group stock traded down GBX 28 ($0.37) during mid-day trading on Friday, hitting GBX 602 ($7.87). The company’s stock had a trading volume of 2,082,022 shares, compared to its average volume of 194,592. The company has a market capitalization of $1.16 billion and a PE ratio of 91.21. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 5.62. GB Group plc has a one year low of GBX 407.50 ($5.32) and a one year high of GBX 636 ($8.31).
Several equities research analysts have commented on the stock. Peel Hunt reaffirmed a “buy” rating on shares of GB Group in a report on Wednesday. Numis Securities restated a “buy” rating and issued a GBX 600 ($7.84) target price on shares of GB Group in a report on Tuesday, February 19th. Finally, Canaccord Genuity cut shares of GB Group to a “hold” rating and raised their target price for the stock from GBX 430 ($5.62) to GBX 485 ($6.34) in a report on Friday, February 1st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 584.20 ($7.63).
GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates in two segments, Fraud, Risk & Compliance and Customer & Location Intelligence. The company offers ID verification services, which helps in verifying identities remotely without the physical presentation of documentation for combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through an online verification and authentication of individuals.
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