FirstGroup plc (LON:FGP - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 183.12 ($2.42) and traded as high as GBX 223.60 ($2.95). FirstGroup shares last traded at GBX 218.20 ($2.88), with a volume of 953,397 shares.
Analyst Ratings Changes
Separately, Berenberg Bank upped their target price on shares of FirstGroup from GBX 215 ($2.84) to GBX 240 ($3.17) and gave the stock a "buy" rating in a research note on Monday, July 7th.
Check Out Our Latest Report on FirstGroup
FirstGroup Stock Performance
The stock's 50 day moving average is GBX 215.62 and its two-hundred day moving average is GBX 183.84. The stock has a market capitalization of £1.33 billion, a price-to-earnings ratio of -105.60, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 257.49.
FirstGroup (LON:FGP - Get Free Report) last announced its earnings results on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) EPS for the quarter. FirstGroup had a negative net margin of 0.34% and a negative return on equity of 2.54%. Analysts expect that FirstGroup plc will post 17.3782772 earnings per share for the current fiscal year.
Insider Buying and Selling
In related 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 ($2.96), for a total transaction of £2,128,000 ($2,811,096.43). Insiders own 3.64% of the company's stock.
About FirstGroup
(
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.
Featured Articles
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
