Serco Group plc (LON:SRP - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 227.80 ($3.04) and last traded at GBX 226.27 ($3.02), with a volume of 5896678 shares traded. The stock had previously closed at GBX 209.40 ($2.80).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "hold" rating on shares of Serco Group in a research note on Thursday.
Check Out Our Latest Stock Report on SRP
Serco Group Trading Up 7.1%
The company's 50 day simple moving average is GBX 202.44 and its 200 day simple moving average is GBX 177.15. The company has a debt-to-equity ratio of 62.40, a current ratio of 0.91 and a quick ratio of 0.98. The firm has a market cap of £2.27 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 3.06 and a beta of 0.38.
Serco Group (LON:SRP - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported GBX 9.74 ($0.13) earnings per share (EPS) for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. As a group, research analysts expect that Serco Group plc will post 17.552759 earnings per share for the current fiscal year.
Insider Activity
In related news, insider Anthony Kirby acquired 35,300 shares of the stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost of GBX 159 ($2.12) per share, with a total value of £56,127 ($74,975.96). Insiders own 1.67% of the company's stock.
About Serco Group
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