N Brown Group (LON:BWNG) Stock Passes Above Two Hundred Day Moving Average of $27.13

Shares of N Brown Group plc (LON:BWNG – Get Rating) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 27.13 ($0.33) and traded as high as GBX 32.20 ($0.39). N Brown Group shares last traded at GBX 32.20 ($0.39), with a volume of 508,785 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of N Brown Group in a research note on Thursday, February 23rd.

N Brown Group Stock Down 1.5 %

The business has a 50-day moving average price of GBX 33.44 and a 200 day moving average price of GBX 27.13. The stock has a market capitalization of £148.27 million, a P/E ratio of 1,198.33, a P/E/G ratio of 2.49 and a beta of 2.23. The company has a current ratio of 5.21, a quick ratio of 4.33 and a debt-to-equity ratio of 63.11.

Insiders Place Their Bets

In related news, insider David Alliance of Manchester acquired 100,000 shares of the stock in a transaction on Tuesday, January 17th. The shares were bought at an average price of GBX 30 ($0.36) per share, with a total value of £30,000 ($36,075.04). In other N Brown Group news, insider Joshua Alliance purchased 355,000 shares of the firm’s stock in a transaction dated Monday, February 6th. The shares were acquired at an average price of GBX 42 ($0.51) per share, with a total value of £149,100 ($179,292.93). Also, insider David Alliance of Manchester purchased 100,000 shares of the firm’s stock in a transaction dated Tuesday, January 17th. The stock was acquired at an average cost of GBX 30 ($0.36) per share, for a total transaction of £30,000 ($36,075.04). Over the last 90 days, insiders have purchased 3,990,000 shares of company stock valued at $122,030,000. Insiders own 84.86% of the company’s stock.

N Brown Group Company Profile

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N Brown Group plc operates as a digital fashion retailer in the United Kingdom. The company offers a range of clothing, footwear, and homeware products for men, women, and kids under the JD Williams, Simply Be, Ambrose Wilson, Jacamo, and Home Essentials brands. It also provides financial services. N Brown Group plc was founded in 1859 and is headquartered in Manchester, the United Kingdom.