Johnson Service Group (LON:JSG) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Johnson Service Group PLC (LON:JSG - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 138.71 ($1.86) and traded as low as GBX 136.40 ($1.83). Johnson Service Group shares last traded at GBX 140.60 ($1.89), with a volume of 935,886 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank restated a "buy" rating and set a GBX 195 ($2.62) target price on shares of Johnson Service Group in a research report on Thursday, July 10th.

Johnson Service Group Stock Up 0.6%

The company has a quick ratio of 0.80, a current ratio of 1.00 and a debt-to-equity ratio of 44.23. The company has a market cap of £583.42 million, a price-to-earnings ratio of 18.74, a P/E/G ratio of 10.18 and a beta of 1.80. The stock has a fifty day moving average price of GBX 146.59 and a two-hundred day moving average price of GBX 138.73.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK. Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care. Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service. A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.