Free Trial

FirstService (TSE:FSV) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

FirstService logo with Real Estate background

Key Points

  • FirstService Co. shares crossed above their two hundred day moving average of C$245.75, trading at a high of C$272.08 on Wednesday.
  • The company has a market cap of C$8.56 billion and a P/E ratio of 79.01, indicating a strong growth valuation.
  • Insider transactions included Senior Officer Jeremy Alan Rakusin selling 2,800 shares for C$765,072, contributing to a total of 6,000 shares sold by insiders in the last ninety days.
  • Looking to export and analyze FirstService data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

FirstService Co. (TSE:FSV - Get Free Report) NASDAQ: FSV's stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$245.75 and traded as high as C$272.08. FirstService shares last traded at C$270.04, with a volume of 98,169 shares.

FirstService Trading Down 0.1%

The company has a market cap of C$8.62 billion, a P/E ratio of 79.50, a PEG ratio of 107.75 and a beta of 0.96. The company has a current ratio of 1.81, a quick ratio of 1.25 and a debt-to-equity ratio of 136.54. The business has a 50 day moving average price of C$248.63 and a 200-day moving average price of C$245.76.

Insider Activity at FirstService

In other FirstService news, Senior Officer Jeremy Alan Rakusin sold 2,800 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of C$273.24, for a total value of C$765,072.00. Also, Director Joan Eloise Sproul sold 200 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of C$242.00, for a total transaction of C$48,400.00. Insiders have sold 6,000 shares of company stock worth $1,537,991 over the last ninety days. Insiders own 10.26% of the company's stock.

FirstService Company Profile

(Get Free Report)

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company's revenue.

Read More

Should You Invest $1,000 in FirstService Right Now?

Before you consider FirstService, 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 FirstService wasn't on the list.

While FirstService currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines