European Wealth Group (LON:EWG) Shares Cross Above 50-Day Moving Average – Here’s Why

European Wealth Group Limited (LON:EWG)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 112.90 and traded as high as GBX 126. European Wealth Group shares last traded at GBX 124.50, with a volume of 129,045 shares traded.

European Wealth Group Trading Down 0.4%

The stock’s 50 day moving average is GBX 112.90. The stock has a market cap of £862.07 million and a PE ratio of 79.81.

Insider Transactions at European Wealth Group

In other news, insider Steve Dryden acquired 25,880 shares of European Wealth Group stock in a transaction that occurred on Wednesday, December 3rd. The shares were purchased at an average cost of GBX 97 per share, for a total transaction of £25,103.60. 47.69% of the stock is owned by company insiders.

European Wealth Group Company Profile

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.