Close Brothers Group plc (LON:CBG – Get Free Report) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 394.47 and traded as high as GBX 402.80. Close Brothers Group shares last traded at GBX 402.80, with a volume of 690,320 shares changing hands.
Close Brothers Group Trading Up 2.0%
The company’s 50-day moving average price is GBX 394.47 and its two-hundred day moving average price is GBX 430.42. The company has a market cap of £609.22 million, a P/E ratio of -7.08, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24.
Close Brothers Group (LON:CBG – Get Free Report) last announced its quarterly earnings data on Tuesday, September 29th. The company reported GBX 47.50 earnings per share (EPS) for the quarter. Close Brothers Group had a negative net margin of 7.56% and a negative return on equity of 4.07%. Equities analysts forecast that Close Brothers Group plc will post 66.01 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Mike Morgan sold 4,699 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of GBX 389, for a total transaction of £18,279.11. Insiders own 2.21% of the company’s stock.
About Close Brothers Group
Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.
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