Serco Group (LON:SRP) Reaches New 52-Week High - Time to Buy?

Serco Group plc (LON:SRP - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 196.60 ($2.66) and last traded at GBX 192.25 ($2.61), with a volume of 69773 shares trading hands. The stock had previously closed at GBX 191.70 ($2.60).

Serco Group Stock Up 0.7%

The business has a fifty day moving average of GBX 173.67 and a two-hundred day moving average of GBX 161.69. The company has a market cap of £1.96 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 3.06 and a beta of 0.38. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40.

Insider Activity at Serco Group

In other Serco Group news, insider Anthony Kirby acquired 35,300 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average price of GBX 159 ($2.15) per share, for a total transaction of £56,127 ($76,063.15). Also, insider Nigel Crossley sold 192,646 shares of the company's stock in a transaction on Monday, April 7th. The stock was sold at an average price of GBX 153 ($2.07), for a total value of £294,748.38 ($399,442.17). Insiders own 1.67% of the company's stock.

Serco Group Company Profile