European Wealth Group Limited (LON:EWG – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 111.37 and traded as low as GBX 102.24. European Wealth Group shares last traded at GBX 107.60, with a volume of 4,094,219 shares traded.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 132 price objective on shares of European Wealth Group in a research note on Monday, June 22nd. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 126.
Check Out Our Latest Stock Report on EWG
European Wealth Group Stock Performance
Insider Transactions at European Wealth Group
In related news, insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of GBX 100, for a total transaction of £30,000,000. Also, insider Steve Dryden purchased 16,758 shares of European Wealth Group stock in a transaction that occurred on Monday, June 1st. The shares were bought at an average price of GBX 113 per share, with a total value of £18,936.54. 47.37% of the stock is owned by corporate insiders.
About European Wealth Group
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.
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