PageGroup (LON:PAGE) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

PageGroup plc (LON:PAGE) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 170.45 and traded as low as GBX 111.20. PageGroup shares last traded at GBX 111.20, with a volume of 7,934,828 shares traded.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PAGE. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 260 price target on shares of PageGroup in a research note on Wednesday, April 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 125 price target on shares of PageGroup in a research note on Thursday, May 21st. Finally, Citigroup lowered their target price on PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 228.33.

PageGroup Stock Down 5.7%

The stock has a fifty day moving average of GBX 126.67 and a two-hundred day moving average of GBX 170.45. The stock has a market cap of £346.24 million, a price-to-earnings ratio of 38.34, a PEG ratio of 0.98 and a beta of 0.93. The company has a quick ratio of 1.77, a current ratio of 1.47 and a debt-to-equity ratio of 61.62.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core ?PageGroup brands?are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.