Shares of European Wealth Group Limited (LON:EWG – Get Free Report) were down 9.5% during mid-day trading on Friday . The company traded as low as GBX 97.70 and last traded at GBX 97.70. Approximately 1,444,121 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 8,479,461 shares. The stock had previously closed at GBX 108.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on EWG shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 132 price objective on shares of European Wealth Group in a report on Monday, June 22nd. UBS Group reiterated a “neutral” rating and issued a GBX 142 price objective on shares of European Wealth Group in a research note on Wednesday, March 25th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 126.
Get Our Latest Research Report on European Wealth Group
European Wealth Group Stock Performance
Insider Buying and Selling
In other news, insider Linda Myers purchased 59,238 shares of the stock in a transaction dated Tuesday, April 21st. The shares were purchased at an average cost of GBX 118 per share, with a total value of £69,900.84. Also, insider Steve Dryden purchased 16,758 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average price of GBX 113 per share, with a total value of £18,936.54. Insiders own 47.37% of the company’s stock.
European Wealth Group Company Profile
Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.
Please visit our website https://investors.eurowag.com for more information.
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