Close Brothers Group plc (LON:CBG – Get Free Report)’s share price crossed 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 traded.
Close Brothers Group Price Performance
The firm has a market capitalization of £609.22 million, a PE ratio of -7.08, a P/E/G ratio of 1.87 and a beta of 1.24. The firm has a fifty day moving average price of GBX 394.47 and a 200 day moving average price of GBX 430.42.
Close Brothers Group (LON:CBG – Get Free Report) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX 47.50 earnings per share for the quarter. Close Brothers Group had a negative return on equity of 4.07% and a negative net margin of 7.56%. On average, sell-side analysts expect that Close Brothers Group plc will post 66.01 EPS for the current year.
Insider Buying and Selling
In other Close Brothers Group news, insider Mike Morgan sold 4,699 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of GBX 389, for a total transaction of £18,279.11. Corporate 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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