GB Group (LON:GBG) Reaches New 52-Week High – What’s Next?

GB Group plc (LON:GBG) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 367 ($4.64) and last traded at GBX 360.60 ($4.56), with a volume of 328016 shares. The stock had previously closed at GBX 341.40 ($4.32).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of GB Group in a research report on Tuesday.

GB Group Stock Performance

The company has a 50-day moving average of GBX 318.30 and a 200-day moving average of GBX 331.06. The firm has a market capitalization of £887.97 million, a price-to-earnings ratio of -1,860.00, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30. The company has a current ratio of 1.00, a quick ratio of 0.74 and a debt-to-equity ratio of 16.45.

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.