Firstgroup (OTCMKTS:FGROY) Sets New 52-Week High - Still a Buy?

Key Points

• Firstgroup PLC shares hit a new 52-week high of $3.31 during trading, reflecting an increase from the previous closing price of $3.25.
• The company has increased its dividend to $0.0521, a notable rise from the previous $0.04, offering a high dividend yield of 373.0%.
• Firstgroup operates extensive public transport services in the UK, including First Bus and First Rail segments, highlighting its significant role in the transportation sector.

Firstgroup PLC Unsponsored ADR (OTCMKTS:FGROY - ) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $3.31 and last traded at $3.31, with a volume of 100 shares traded. The stock had previously closed at $3.25.

Firstgroup Price Performance

The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.68 and a current ratio of 0.70. The business has a 50 day moving average of $3.01 and a two-hundred day moving average of $2.44.

Firstgroup Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, July 4th will be paid a $0.0521 dividend. The ex-dividend date is Thursday, July 3rd. This is a positive change from Firstgroup's previous dividend of $0.04. This represents a dividend yield of 373.0%.

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 4,800 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, and Avanti West Coast franchises; and hull trains and Lumos.

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