James Fisher and Sons (LON:FSJ) Stock Price Crosses 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 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 328.18 ($4.42) and traded as high as GBX 358 ($4.82). James Fisher and Sons shares last traded at GBX 357 ($4.81), with a volume of 9,227 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 400 price objective on shares of James Fisher and Sons in a research report on Tuesday, September 9th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 387.50.

James Fisher and Sons Stock Up 2.0%

The company has a debt-to-equity ratio of 185.53, a current ratio of 0.77 and a quick ratio of 1.12. The company's 50-day simple moving average is GBX 343.96 and its 200 day simple moving average is GBX 328.34. The firm has a market cap of £184.10 million, a P/E ratio of 405.80 and a beta of 0.64.

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

About James Fisher and Sons