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Pagegroup (OTCMKTS:MPGPF) Share Price Passes Below Fifty Day Moving Average - Time to Sell?

Pagegroup logo with Business Services background

Key Points

  • Pagegroup's stock price has fallen below its 50-day moving average of $3.60, trading at $3.55 during Wednesday's session.
  • UBS Group has downgraded Pagegroup from a "strong-buy" rating to a "hold" rating, contributing to its current consensus rating of "Moderate Buy."
  • The company's performance reflects a strong presence in recruitment consultancy across multiple regions, including Europe, the Middle East, and the Americas.
  • Five stocks we like better than PAGEGROUP.

Pagegroup (OTCMKTS:MPGPF - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.60 and traded as low as $3.55. Pagegroup shares last traded at $3.55, with a volume of 857 shares traded.

Wall Street Analyst Weigh In

Separately, UBS Group lowered shares of Pagegroup from a "strong-buy" rating to a "hold" rating in a report on Friday, June 20th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

View Our Latest Research Report on Pagegroup

Pagegroup Price Performance

The firm's 50 day simple moving average is $3.60 and its 200-day simple moving average is $3.76.

About Pagegroup

(Get Free Report)

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.

Further Reading

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