Shares of FirstGroup plc (LON:FGP - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 188.02 ($2.55) and traded as high as GBX 232 ($3.15). FirstGroup shares last traded at GBX 228 ($3.09), with a volume of 696,835 shares traded.
Analysts Set New Price Targets
Separately, Berenberg Bank boosted their target price on FirstGroup from GBX 215 ($2.92) to GBX 240 ($3.25) and gave the company a "buy" rating in a research report on Monday, July 7th.
Check Out Our Latest Stock Report on FGP
FirstGroup Trading Down 0.8%
The company's 50 day simple moving average is GBX 223.94 and its 200 day simple moving average is GBX 189.24. The firm has a market cap of £1.32 billion, a price-to-earnings ratio of -105.22, a P/E/G 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 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%. As a group, research analysts expect that FirstGroup plc will post 17.3782772 earnings per share for the current fiscal year.
Insider Activity at FirstGroup
In related news, insider Ryan Mangold sold 950,000 shares of the business's stock in a transaction on Friday, June 13th. The shares were sold at an average price of GBX 224 ($3.04), for a total transaction of £2,128,000 ($2,885,815.03). 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.
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