Paragon Banking Group (LON:PAG) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Paragon Banking Group PLC (LON:PAG) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 744.96 ($9.73) and traded as high as GBX 771.50 ($10.07). Paragon Banking Group shares last traded at GBX 770.50 ($10.06), with a volume of 492,843 shares changing hands.

Analyst Ratings Changes

Separately, Royal Bank of Canada restated an “outperform” rating and issued a GBX 875 ($11.43) price target on shares of Paragon Banking Group in a research note on Wednesday, July 31st.

Paragon Banking Group Stock Up 0.2 %

The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21. The stock has a market cap of £1.57 billion, a P/E ratio of 1,167.42, a P/E/G ratio of 0.50 and a beta of 1.52. The stock’s fifty day simple moving average is GBX 761.53 and its 200-day simple moving average is GBX 744.96.

Insider Buying and Selling at Paragon Banking Group

In related news, insider Hugo Tudor sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of GBX 754 ($9.85), for a total value of £98,020 ($127,996.87). In related news, insider Hugo Tudor sold 13,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of GBX 754 ($9.85), for a total transaction of £98,020 ($127,996.87). Also, insider Nigel S. Terrington acquired 3,248 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of GBX 774 ($10.11) per share, with a total value of £25,139.52 ($32,827.79). Insiders own 3.58% of the company’s stock.

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.