Charles Stanley Group (LON:CAY) Share Price Crosses Below Two Hundred Day Moving Average of $281.92

Charles Stanley Group plc (LON:CAY)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $281.92 and traded as low as $278.00. Charles Stanley Group shares last traded at $269.00, with a volume of 2,137 shares trading hands.

CAY has been the topic of a number of recent analyst reports. Peel Hunt reissued a “hold” rating on shares of Charles Stanley Group in a research note on Wednesday, July 10th. Canaccord Genuity reissued a “hold” rating and issued a GBX 295 ($3.85) price objective on shares of Charles Stanley Group in a research note on Wednesday, July 10th.

The company has a market capitalization of $136.84 million and a price-to-earnings ratio of 15.46. The business has a 50 day moving average price of GBX 282.48 and a 200-day moving average price of GBX 281.92.

In other news, insider Paul Abberley sold 12,934 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of GBX 285 ($3.72), for a total value of £36,861.90 ($48,166.60). Insiders bought a total of 212 shares of company stock worth $60,336 over the last three months.

About Charles Stanley Group (LON:CAY)

Charles Stanley Group PLC provides wealth management services in the United Kingdom. The company operates through four divisions: Investment Management Services, Asset Management, Financial Planning, and Charles Stanley Direct. The Investment Management Services division offers discretionary, advisory, cash management, and execution-only services to private clients, trusts, charities, and companies.

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