GB Group (LON:GBG) Trading 10.9% Higher – What’s Next?

GB Group plc (LON:GBG) traded up 10.9% during mid-day trading on Thursday . The stock traded as high as GBX 324.64 ($4.24) and last traded at GBX 320.66 ($4.19). 1,457,885 shares traded hands during trading, an increase of 102% from the average session volume of 721,855 shares. The stock had previously closed at GBX 289.20 ($3.78).

GB Group Trading Down 0.7 %

The company has a fifty day simple moving average of GBX 318.12 and a 200-day simple moving average of GBX 321.11. The company has a current ratio of 1.00, a quick ratio of 0.74 and a debt-to-equity ratio of 16.45. The stock has a market cap of £819.39 million, a price-to-earnings ratio of -1,710.53, a P/E/G ratio of 173.40 and a beta of 0.30.

GB Group Company Profile

GB Group plc, together with its subsidiaries, provides digital identity products and services in the United Kingdom, the United States of America, Australia, and internationally. The company operates through three segments: Location, Identity, and Fraud. It provides identity products comprising ID3global, an identity verification, IDscan, a ID document verification, IDscan core, a personalized document verification, Scannet, a venue ID verification, investigate, a search subject analysis, and ProID, a no-code industry verification solution.