PageGroup (LON:PAGE) Stock Price Down 2.9% - Should You Sell?

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) shares dropped 2.9% during mid-day trading on Friday . The company traded as low as GBX 258.20 ($3.43) and last traded at GBX 258.20 ($3.43). Approximately 744,026 shares changed hands during trading, a decline of 36% from the average daily volume of 1,167,200 shares. The stock had previously closed at GBX 266 ($3.54).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 450 ($5.98) target price on shares of PageGroup in a report on Friday, July 11th.

PageGroup Price Performance

The business's 50 day moving average is GBX 267.40 and its two-hundred day moving average is GBX 288.17. The firm has a market capitalization of £831.01 million, a PE ratio of 16.41, a price-to-earnings-growth 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.

About PageGroup

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.