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Paragon Banking Group (LON:PAG) Stock Price Passes Above 200-Day Moving Average - Here's Why

Paragon Banking Group PLC (LON:PAG-Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 790. 78 and traded as. . .

By @MarketBeatCom · · 4 min read

Paragon Banking Group (LON:PAG) Stock Price Passes Above 200-Day Moving Average - Here's Why

Paragon Banking Group PLC (LON:PAG-Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 790. 78 and traded as high as GBX 838. 50. Paragon Banking Group shares last traded at GBX 834. 38, with a volume of 301,363 shares. GetParagon Banking Groupalerts:Wall Street Analysts Forecast GrowthA number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 1,100 price target on shares of Paragon Banking Group in a research report on Thursday, July 30th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 1,050 price objective on shares of Paragon Banking Group in a research note on Thursday, July 30th. UBS Group reiterated a "buy" rating and set a GBX 1,035 target price on shares of Paragon Banking Group in a report on Friday, May 29th. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 1,000 target price on shares of Paragon Banking Group in a research report on Wednesday, July 29th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat. com, the stock presently has a consensus rating of "Buy" and a consensus target price of GBX 1,048. View Our Latest Analysis on PAGParagon Banking Group Trading Up 2. 3%The company has a quick ratio of 1. 48, a current ratio of 16. 10 and a debt-to-equity ratio of 163. 38. The firm has a market cap of £1. 52 billion, a price-to-earnings ratio of 9. 27, a price-to-earnings-growth ratio of 0. 50 and a beta of 1. 20. The business has a 50 day moving average price of GBX 793. 89 and a 200-day moving average price of GBX 790. 78. Paragon Banking Group (LON:PAG-Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The company reported GBX 52. 10 EPS for the quarter. Paragon Banking Group had a return on equity of 11. 98% and a net margin of 14. 98%. The firm had revenue of £259. 20 million for the quarter. As a group, research analysts expect that Paragon Banking Group PLC will post 104. 0245566 EPS for the current fiscal year. Paragon Banking Group declared that its board has approved a share repurchase program on Monday, July 6th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued. About Paragon Banking Group(Get Free Report)Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people. Its operations are organised into two lending divisions and lending is funded largely by retail deposits. Further ReadingFive stocks we like better than Paragon Banking GroupSony and TSMC’s $4. 7 Billion Venture Is About More Than Camera SensorsQuantum Leaps: Debt-Free as AI Storage Demand AcceleratesNVIDIA's $500 Billion GPU Financing Deal Fuels Path Toward $270Sandisk’s Margins Look Like Software. Can They Last?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Paragon Banking Group Right Now?Before you consider Paragon Banking Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Paragon Banking Group wasn't on the list. While Paragon Banking Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereEnter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment. Get This Free Report

Source: stocknews.com

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