PAGEGROUP (OTCMKTS:MPGPF) Shares Gap Up - Should You Buy?

Key Points

• PAGEGROUP's stock price opened at $3.55 after closing at $3.04, indicating a significant gap up before market opening.
• UBS Group downgraded PAGEGROUP from a "strong-buy" to a "hold" rating, while the stock has an average rating of "Moderate Buy" from analysts.
• The company's share price has increased by 16.8%, with a fifty-day moving average of $3.59 and a 200-day moving average of $3.76.

PAGEGROUP (OTCMKTS:MPGPF - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $3.04, but opened at $3.55. PAGEGROUP shares last traded at $3.55, with a volume of 857 shares.

Analyst Ratings Changes

Separately, UBS Group cut PAGEGROUP from a "strong-buy" rating to a "hold" rating in a report on Friday, June 20th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

PAGEGROUP Trading Up 16.8%

The company has a fifty day moving average of $3.59 and a 200-day moving average of $3.76.

PAGEGROUP Company Profile

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.

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