OSB Group (LON:OSB) Share Price Crosses Below 200-Day Moving Average – Here’s Why

OSB Group Plc (LON:OSBGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 408.54 ($4.97) and traded as low as GBX 382 ($4.65). OSB Group shares last traded at GBX 386 ($4.70), with a volume of 820,831 shares.

OSB Group Trading Up 0.4 %

The stock has a market cap of £1.47 billion, a price-to-earnings ratio of 403.75 and a beta of 1.41. The firm’s 50-day moving average is GBX 393.64 and its two-hundred day moving average is GBX 408.24.

OSB Group Company Profile

(Get Free Report)

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.

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