PageGroup (LON:PAGE) Stock Price Down 2.9% - Here's What Happened

Key Points

• PageGroup's stock price fell by 2.9% to GBX 258.20 ($3.43) on Friday, with trading volume down 36% compared to its average.
• Deutsche Bank reaffirmed a "buy" rating for PageGroup and set a price target of GBX 450 ($5.97) in a recent report.
• The company has a market capitalization of £809.08 million and a P/E ratio of 15.98, indicating its financial metrics in the current market.

PageGroup plc (LON:PAGE - Get Free Report)'s stock price dropped 2.9% on Friday . The stock traded as low as GBX 258.20 ($3.43) and last traded at GBX 258.20 ($3.43). Approximately 744,026 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 1,167,200 shares. The stock had previously closed at GBX 266 ($3.53).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 450 ($5.97) price target on shares of PageGroup in a research report on Friday, July 11th.

PageGroup Price Performance

The stock has a market capitalization of £809.08 million, a P/E ratio of 15.98, a PEG ratio of 0.98 and a beta of 1.11. The company has a debt-to-equity ratio of 40.35, a quick ratio of 1.77 and a current ratio of 1.60. The business has a fifty day simple moving average of GBX 267.40 and a 200-day simple moving average of GBX 288.44.

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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