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

European Wealth Group Limited (LON:EWG) insider Morgan Seigler sold 30,000,000 shares of the stock in a transaction on 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 Down 1.0%

Shares of EWG opened at GBX 100.75 on Friday. European Wealth Group Limited has a 12-month low of GBX 87 and a 12-month high of GBX 135. The company has a market capitalization of £700.96 million and a PE ratio of 347.41. The business’s 50 day moving average is GBX 105.44 and its 200 day moving average is GBX 111.91.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued 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 issued a Hold rating to the company’s stock. According to MarketBeat, European Wealth Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 126.

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.