Serco Group (LON:SRP) Reaches New 12-Month High - Should You Buy?

Serco Group plc (LON:SRP - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 209.60 ($2.86) and last traded at GBX 203.80 ($2.78), with a volume of 396316 shares changing hands. The stock had previously closed at GBX 204 ($2.79).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Serco Group in a research report on Thursday, June 26th.

Serco Group Stock Up 2.8%

The stock has a market cap of £2.10 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The business has a fifty day moving average of GBX 186.35 and a 200-day moving average of GBX 166.90. The company has a debt-to-equity ratio of 62.40, a current ratio of 0.91 and a quick ratio of 0.98.

Insider Buying and Selling at Serco Group

In other Serco Group news, insider Nigel Crossley sold 192,646 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were sold at an average price of GBX 153 ($2.09), for a total transaction of £294,748.38 ($402,496.76). Also, insider Anthony Kirby purchased 35,300 shares of Serco Group stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of GBX 159 ($2.17) per share, with a total value of £56,127 ($76,644.82). 1.67% of the stock is currently owned by corporate insiders.

About Serco Group