BH Macro GBP (LON:BHMG) Stock Passes Below 50-Day Moving Average – Here’s Why

Shares of BH Macro GBP (LON:BHMGGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 424.30 and traded as low as GBX 415.50. BH Macro GBP shares last traded at GBX 416.50, with a volume of 285,497 shares changing hands.

BH Macro GBP Trading Down 0.2%

The firm has a 50 day moving average price of GBX 424.30 and a 200-day moving average price of GBX 423.40. The firm has a market cap of £1.35 billion, a PE ratio of 9.10 and a beta of 0.14.

Insiders Place Their Bets

In related news, insider Richard Horlick sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of GBX 424, for a total value of £106,000. 0.15% of the stock is currently owned by company insiders.

About BH Macro GBP

(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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