GB Group (LON:GBG) Reaches New 1-Year Low – Here’s What Happened

GB Group plc (LON:GBG) reached a new 52-week low on Friday . The company traded as low as GBX 187.20 and last traded at GBX 187.60, with a volume of 2375508 shares. The stock had previously closed at GBX 192.55.

GB Group Stock Down 2.6%

The business has a fifty day simple moving average of GBX 203.08 and a 200 day simple moving average of GBX 229.40. The firm has a market cap of £436.57 million, a price-to-earnings ratio of 52.11, a PEG ratio of 173.40 and a beta of 0.30. The company has a debt-to-equity ratio of 16.35, a current ratio of 1.07 and a quick ratio of 0.74.

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.