European Wealth Group (LON:EWG) Insider Sells £30,000,000 in Stock

European Wealth Group Limited (LON:EWG) insider Morgan Seigler sold 30,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total transaction of £30,000,000.

European Wealth Group Stock Down 1.0%

EWG stock opened at GBX 99.98 on Friday. European Wealth Group Limited has a twelve month low of GBX 87 and a twelve month high of GBX 135. The stock has a market cap of £695.64 million and a P/E ratio of 344.78. The business’s 50-day moving average price is GBX 105.32 and its 200-day moving average price is GBX 111.82.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 132 target price on shares of European Wealth Group in a report on Monday, June 22nd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 126.

European Wealth Group Company Profile

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.