Shawbrook Group (LON:SHAW) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shawbrook Group plc (LON:SHAWGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 455.82 and traded as low as GBX 369.20. Shawbrook Group shares last traded at GBX 476.50, with a volume of 1,806,330 shares.

Shawbrook Group Stock Performance

The stock has a market capitalization of £2.50 billion and a PE ratio of 19.71. The stock’s 50 day moving average is GBX 455.82.

Shawbrook Group Company Profile

(Get Free Report)

Shawbrook Group plc is a lending and savings bank. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Property Finance segment provides mortgages for investors, businesses and personal customers. It serves professional landlords and property traders in residential and commercial asset classes across long-term and shorter-term finance. The Business Finance segment includes propositions, such as the Regional Business Centers that provide finance solutions; Structured Finance proposition, which consists of lending to small and medium enterprise (SME) finance companies, and Specialist Sectors proposition, which consists of leasing and hire purchase finance solutions.

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