GB Group (LON:GBG) Sets New 12-Month Low – Should You Sell?

GB Group plc (LON:GBG)’s share price hit a new 52-week low during mid-day 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. The stock had previously closed at GBX 192.20.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 340 price target on shares of GB Group in a research report on Wednesday, November 26th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 400 target price on shares of GB Group in a research note on Tuesday, November 25th. Finally, Shore Capital Group restated a “buy” rating and set a GBX 390 price target on shares of GB Group in a research note on Wednesday, November 26th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 357.50.

GB Group Stock Up 3.4%

The company has a market capitalization of £474.63 million, a price-to-earnings ratio of 55.83, a P/E/G ratio of 173.40 and a beta of 0.30. The business has a fifty day simple moving average of GBX 232.44 and a two-hundred day simple moving average of GBX 233.98. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 16.45.

GB Group (LON:GBG) last posted its earnings results on Tuesday, November 25th. The company reported GBX 8.30 EPS for the quarter. GB Group had a negative return on equity of 7.73% and a negative net margin of 17.52%. Equities analysts expect that GB Group plc will post 17.0176437 EPS 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.