GB Group (LON:GBG) Sets New 1-Year Low – Should You Sell?

GB Group plc (LON:GBG)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 187.80 and last traded at GBX 188.40, with a volume of 678904 shares changing hands. The stock had previously closed at GBX 192.20.

Analyst Ratings Changes

A number of analysts have recently weighed in on GBG shares. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 390 price target on shares of GB Group in a research note on Wednesday, November 26th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 400 target price on shares of GB Group in a research report on Tuesday, November 25th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 340 price target on shares of GB Group in a research report on Wednesday, November 26th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 357.50.

GB Group Price Performance

The company has a fifty day simple moving average of GBX 234.75 and a 200-day simple moving average of GBX 234.51. The company has a market cap of £444.87 million, a P/E ratio of 52.33, a PEG ratio of 173.40 and a beta of 0.30. The company has a debt-to-equity ratio of 16.45, a current ratio of 1.00 and a quick ratio of 0.74.

GB Group (LON:GBG) last issued its earnings results on Tuesday, November 25th. The company reported GBX 8.30 earnings per share (EPS) for the quarter. GB Group had a negative return on equity of 7.73% and a negative net margin of 17.52%. On average, sell-side analysts predict that GB Group plc will post 17.0176437 earnings per share for the current year.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.