Free Trial

FirstGroup (LON:FGP) Stock Price Crosses Above 200 Day Moving Average - Here's Why

FirstGroup logo with Industrials background

Shares of FirstGroup plc (LON:FGP - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 177.35 ($2.41) and traded as high as GBX 226.80 ($3.08). FirstGroup shares last traded at GBX 223 ($3.03), with a volume of 1,440,906 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their price objective on shares of FirstGroup from GBX 215 ($2.92) to GBX 240 ($3.26) and gave the company a "buy" rating in a research report on Monday.

Get Our Latest Report on FirstGroup

FirstGroup Price Performance

The firm has a 50-day simple moving average of GBX 204.24 and a 200-day simple moving average of GBX 177.35. The firm has a market capitalization of £1.30 billion, a PE ratio of -102.98, a PEG ratio of 5.21 and a beta of 1.59. The company has a debt-to-equity ratio of 257.49, a current ratio of 0.69 and a quick ratio of 0.74.

FirstGroup (LON:FGP - Get Free Report) last issued its quarterly earnings data on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) earnings per share for the quarter. FirstGroup had a negative net margin of 0.34% and a negative return on equity of 2.54%. As a group, equities analysts forecast that FirstGroup plc will post 17.3782772 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Ryan Mangold sold 950,000 shares of the stock in a transaction on Friday, June 13th. The shares were sold at an average price of GBX 224 ($3.04), for a total value of £2,128,000 ($2,890,911.56). 3.64% of the stock is owned by corporate insiders.

FirstGroup Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in FirstGroup Right Now?

Before you consider FirstGroup, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FirstGroup wasn't on the list.

While FirstGroup currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines