James Fisher and Sons (LON:FSJ) Shares Pass Above 200 Day Moving Average - Should You Sell?

Key Points

• James Fisher and Sons plc's stock price has crossed above its 200-day moving average, reaching as high as GBX 358 ($4.85) during trading.
• Analysts from Canaccord Genuity have reaffirmed a "buy" rating with a price target of GBX 400, while the consensus target price is GBX 387.50.
• The company reported a negative net margin of 10.44% and a negative return on equity of 33.24% in its latest quarterly earnings.

James Fisher and Sons plc (LON:FSJ - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 328.18 ($4.44) and traded as high as GBX 358 ($4.84). James Fisher and Sons shares last traded at GBX 357 ($4.82), with a volume of 9,227 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 400 target price on shares of James Fisher and Sons in a research note on Tuesday, September 9th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 387.50.

James Fisher and Sons Stock Up 0.8%

The firm has a market cap of £185.62 million, a price-to-earnings ratio of 409.14 and a beta of 0.64. The business's 50-day moving average is GBX 344.54 and its 200-day moving average is GBX 328.51. The company has a debt-to-equity ratio of 185.53, a quick ratio of 1.12 and a current ratio of 0.77.

James Fisher and Sons (LON:FSJ - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX 0.80 earnings per share for the quarter. James Fisher and Sons had a negative net margin of 10.44% and a negative return on equity of 33.24%. On average, equities analysts predict that James Fisher and Sons plc will post 20 EPS for the current year.

About James Fisher and Sons