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

FirstGroup plc (LON:FGP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 160.41 ($2.13) and traded as high as GBX 187 ($2.49). FirstGroup shares last traded at GBX 183.70 ($2.44), with a volume of 610,809 shares traded.

Analyst Upgrades and Downgrades

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

FirstGroup Price Performance

The company has a debt-to-equity ratio of 257.49, a quick ratio of 0.74 and a current ratio of 0.69. The firm has a market capitalization of £1.10 billion, a P/E ratio of -87.46, a P/E/G ratio of 5.21 and a beta of 1.59. The stock's 50 day simple moving average is GBX 168.46 and its 200 day simple moving average is GBX 161.81.

FirstGroup Company Profile

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.