FirstGroup plc (LON:FGP - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 198.06 ($2.67) and traded as high as GBX 219.20 ($2.95). FirstGroup shares last traded at GBX 217 ($2.92), with a volume of 680,695 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank raised their price objective on shares of FirstGroup from GBX 215 to GBX 240 and gave the company a "buy" rating in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of GBX 240.
View Our Latest Stock Report on FGP
FirstGroup Stock Up 0.1%
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 business's 50 day simple moving average is GBX 221.99 and its 200-day simple moving average is GBX 199.05. The company has a market cap of £1.18 billion, a price-to-earnings ratio of 1,050.73, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59.
Insider Buying and Selling at FirstGroup
In other news, insider Graham Sutherland sold 458,035 shares of the business's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of GBX 226, for a total transaction of £1,035,159.10. Also, insider Ryan Mangold sold 472,462 shares of FirstGroup stock in a transaction dated Monday, August 18th. The shares were sold at an average price of GBX 226, for a total transaction of £1,067,764.12. Company insiders own 1.02% 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.
Further Reading
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
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
