PageGroup (LON:PAGE) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

PageGroup plc (LON:PAGEGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 146.68 and traded as high as GBX 196. PageGroup shares last traded at GBX 195, with a volume of 486,826 shares changing hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 125 price objective on shares of PageGroup in a report on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 228.33.

Read Our Latest Research Report on PageGroup

PageGroup Price Performance

The stock has a market capitalization of £648.21 million, a P/E ratio of 71.79, a price-to-earnings-growth ratio of 0.98 and a beta of 1.00. The business has a fifty day simple moving average of GBX 148.39 and a 200 day simple moving average of GBX 151.08. The company has a current ratio of 1.53, a quick ratio of 1.77 and a debt-to-equity ratio of 80.32.

PageGroup (LON:PAGEGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported GBX 1.20 earnings per share (EPS) for the quarter. PageGroup had a return on equity of 5.95% and a net margin of 0.79%. On average, analysts expect that PageGroup plc will post 23.5923567 earnings per share for the current year.

About PageGroup

(Get Free Report)

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.

Further Reading

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