Shares of FirstGroup plc (LON:FGP - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 188.02 ($2.55) and traded as high as GBX 232 ($3.14). FirstGroup shares last traded at GBX 228 ($3.09), with a volume of 696,835 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised their price target on FirstGroup from GBX 215 ($2.91) to GBX 240 ($3.25) and gave the company a "buy" rating in a research report on Monday, July 7th.
Read Our Latest Research Report on FirstGroup
FirstGroup Trading Up 0.4%
The stock has a market cap of £1.33 billion, a PE ratio of -106.06, a PEG ratio of 5.21 and a beta of 1.59. The business has a 50-day moving average of GBX 223.94 and a 200 day moving average of GBX 189.05. The company has a debt-to-equity ratio of 257.49, a quick ratio of 0.74 and a current ratio of 0.69.
FirstGroup (LON:FGP - Get Free Report) last posted its quarterly earnings data on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) EPS for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. Equities research analysts predict that FirstGroup plc will post 17.3782772 EPS for the current fiscal year.
Insider Buying and Selling
In other FirstGroup news, insider Ryan Mangold sold 950,000 shares of FirstGroup stock in a transaction dated Friday, June 13th. The stock was sold at an average price of GBX 224 ($3.04), for a total value of £2,128,000 ($2,884,250.47). Corporate insiders own 3.64% of the company's stock.
About FirstGroup
(
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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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