PageGroup (LON:PAGE) Stock Price Down 0.3% - Here's What Happened

Key Points

• PageGroup's stock price fell by 0.3%, trading at GBX 234.40 ($3.13) during mid-day on Monday, with a significant decline in trading volume, down 53% from its average.
• Analysts maintain a consensus of "Moderate Buy," with Deutsche Bank setting a price target of GBX 450, while Jefferies has adjusted its target down to GBX 255 and rated it as a "hold."
• PageGroup has a market capitalization of £734.45 million and displays strong liquidity metrics, including a current ratio of 1.60 and a debt-to-equity ratio of 40.35.

PageGroup plc (LON:PAGE - Get Free Report)'s share price was down 0.3% during mid-day trading on Monday . The stock traded as low as GBX 228.60 ($3.05) and last traded at GBX 234.40 ($3.13). Approximately 569,513 shares changed hands during trading, a decline of 53% from the average daily volume of 1,201,544 shares. The stock had previously closed at GBX 235 ($3.13).

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 450 price objective on shares of PageGroup in a report on Friday, July 11th. Jefferies Financial Group cut their price objective on shares of PageGroup from GBX 275 to GBX 255 and set a "hold" rating for the company in a report on Thursday, September 11th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, PageGroup has a consensus rating of "Moderate Buy" and an average target price of GBX 352.50.

PageGroup Trading Down 0.3%

The company's 50-day moving average price is GBX 240.60 and its 200-day moving average price is GBX 258.03. The firm has a market cap of £734.45 million, a price-to-earnings ratio of 6,335.14, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35.

PageGroup Company Profile

PageGroup Changes Lives… That's our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines. As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.

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