Shawbrook Group (LON:SHAW) Hits New 1-Year High – Should You Buy?

Shares of Shawbrook Group plc (LON:SHAW) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 480.50 and last traded at GBX 479.51, with a volume of 7839123 shares. The stock had previously closed at GBX 472.

Shawbrook Group Trading Down 0.7%

The stock has a market capitalization of £2.48 billion and a price-to-earnings ratio of 19.50.

Insider Buying and Selling

In other news, insider Andrew Didham acquired 5,405 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were bought at an average price of GBX 370 per share, with a total value of £19,998.50. Also, insider Derek Weir acquired 5,405 shares of Shawbrook Group stock in a transaction on Tuesday, November 4th. The shares were purchased at an average price of GBX 370 per share, for a total transaction of £19,998.50. In the last three months, insiders acquired 17,566 shares of company stock valued at $6,499,420.

Shawbrook Group Company Profile

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.