FirstGroup (LON:FGP) Shares Cross Above 200-Day Moving Average - Time to Sell?

Shares of FirstGroup plc (LON:FGP - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 158.24 ($2.10) and traded as high as GBX 182.30 ($2.42). FirstGroup shares last traded at GBX 180.40 ($2.40), with a volume of 796,949 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 215 ($2.86) target price on shares of FirstGroup in a research note on Tuesday, April 22nd.

FirstGroup Trading Down 0.8 %

The company has a debt-to-equity ratio of 257.49, a current ratio of 0.69 and a quick ratio of 0.74. The company has a market capitalization of £1.08 billion, a price-to-earnings ratio of -85.74, a P/E/G ratio of 5.21 and a beta of 1.59. The business's 50-day moving average price is GBX 166.47 and its two-hundred day moving average price is GBX 159.16.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.