European Wealth Group (LON:EWG) Insider Morgan Seigler Sells 30,000,000 Shares

European Wealth Group Limited (LON:EWGGet Free Report) insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total value of £30,000,000.

European Wealth Group Trading Up 1.8%

Shares of LON:EWG traded up GBX 1.80 during mid-day trading on Wednesday, reaching GBX 101.80. The stock had a trading volume of 1,144,899 shares, compared to its average volume of 8,311,885. The company has a market cap of £708.27 million and a P/E ratio of 351.03. European Wealth Group Limited has a 1 year low of GBX 87 and a 1 year high of GBX 135. The business’s 50 day moving average price is GBX 105.50 and its 200 day moving average price is GBX 111.99.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and set a GBX 142 price objective on shares of European Wealth Group in a report on Wednesday, March 25th. Jefferies Financial Group restated a “buy” rating and issued a GBX 132 price target on shares of European Wealth Group in a research report on Monday, June 22nd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 126.

View Our Latest Analysis on European Wealth Group

European Wealth Group Company Profile

(Get Free Report)

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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