BH Macro GBP (LON:BHMG) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why
by Danessa Lincoln · The Markets DailyBH Macro GBP (LON:BHMG – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 423.68 and traded as low as GBX 419. BH Macro GBP shares last traded at GBX 427.50, with a volume of 491,149 shares trading hands.
BH Macro GBP Stock Up 0.1%
The stock has a market cap of £1.38 billion, a price-to-earnings ratio of 9.33 and a beta of 0.13. The company has a 50 day simple moving average of GBX 423.36 and a 200 day simple moving average of GBX 424.48.
Insider Activity
In related news, insider Richard Horlick sold 25,000 shares of the company’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 transaction of £106,000. Company insiders own 0.15% of the company’s stock.
BH Macro GBP Company Profile
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.