James Fisher and Sons (LON:FSJ) Shares Break Above 200 Day Moving Average - Should You Sell?

Key Points

• James Fisher and Sons shares rose above their 200-day moving average of GBX 461.12, reaching GBX 462.85 before last trading at GBX 462.
• Analysts maintain a positive view, with a consensus “Buy” rating and an average price target of GBX 705; Canaccord Genuity set a GBX 575 target, while Berenberg lowered its target to GBX 835.
• The company reported quarterly EPS of GBX 6.50, but still posted a negative net margin of 0.73% and negative return on equity of 1.54%, alongside relatively high debt-to-equity of 142.42.

James Fisher and Sons plc (LON:FSJ - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 461.12 and traded as high as GBX 462.85. James Fisher and Sons shares last traded at GBX 462, with a volume of 86,903 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have commented on FSJ shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 575 price objective on shares of James Fisher and Sons in a research report on Tuesday, September 22nd. Berenberg Bank reduced their price objective on James Fisher and Sons from GBX 850 to GBX 835 and set a "buy" rating for the company in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 705.

James Fisher and Sons Price Performance

The business has a 50-day simple moving average of GBX 435.91 and a 200 day simple moving average of GBX 461.12. The company has a debt-to-equity ratio of 142.42, a quick ratio of 1.12 and a current ratio of 1.15. The firm has a market cap of £233.24 million, a P/E ratio of -79.66 and a beta of 0.77.

James Fisher and Sons (LON:FSJ - Get Free Report) last announced its quarterly earnings data on Tuesday, September 8th. The company reported GBX 6.50 EPS for the quarter. James Fisher and Sons had a negative return on equity of 1.54% and a negative net margin of 0.73%. On average, analysts anticipate that James Fisher and Sons plc will post 20.00 earnings per share for the current fiscal year.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world. For more information visit www.james-fisher.com

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