BH Macro GBP (LON:BHMG) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Shares of BH Macro GBP (LON:BHMGGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 398.33 and traded as low as GBX 397.50. BH Macro GBP shares last traded at GBX 398, with a volume of 399,488 shares trading hands.

BH Macro GBP Stock Down 0.2%

The stock has a fifty day moving average price of GBX 398.33 and a 200-day moving average price of GBX 396.41. The firm has a market cap of £1.38 billion, a price-to-earnings ratio of 5.42 and a beta of -0.28.

Insiders Place Their Bets

In other news, insider John Whittle bought 10,000 shares of the stock in a transaction dated Wednesday, September 24th. The shares were acquired at an average price of GBX 393 per share, with a total value of £39,300. Also, insider Richard Horlick sold 25,000 shares of the business’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of GBX 404, for a total transaction of £101,000. Company insiders own 0.14% of the company’s stock.

BH Macro GBP Company Profile

(Get Free Report)

BH Macro Limited is a feeder fund launched and managed by Brevan Howard Asset Management LLP. It invests its entire corpus in the Brevan Howard Master Fund Limited. BH Macro Limited was formed on January 17, 2007 and is domiciled in Guernsey, Channel Islands.

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