Shawbrook Group (LON:SHAW) Hits New 1-Year High – Still a Buy?

Shawbrook Group plc (LON:SHAWGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 467.08 and last traded at GBX 455, with a volume of 407901 shares traded. The stock had previously closed at GBX 449.80.

Shawbrook Group Trading Down 0.8%

The stock has a market cap of £2.34 billion and a PE ratio of 18.47.

Insider Activity at Shawbrook Group

In related news, insider Lan Tu acquired 6,756 shares of the stock in a transaction on Tuesday, November 4th. The stock was purchased at an average price of GBX 370 per share, for a total transaction of £24,997.20. Also, insider Derek Weir acquired 5,405 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were bought at an average cost of GBX 370 per share, with a total value of £19,998.50. Insiders purchased 17,566 shares of company stock worth $6,499,420 in the last ninety days.

About Shawbrook Group

(Get Free Report)

Shawbrook Group plc is a lending and savings bank. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Property Finance segment provides mortgages for investors, businesses and personal customers. It serves professional landlords and property traders in residential and commercial asset classes across long-term and shorter-term finance.

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