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Serco Group (LON:SRP) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Serco Group logo with Industrials background
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Key Points

  • Technical breakout: Serco's share price crossed above its 200‑day moving average (200‑day MA GBX 279.36), trading as high as GBX 295.20 and last at GBX 292.80 on volume of 3,560,470, up about 1.0%.
  • Valuation and balance sheet: The company has a market cap of £2.91 billion, a P/E of 20.81 and a debt‑to‑equity ratio of 104.09, with current and quick ratios under 1 (0.93 and 0.98), signaling modest leverage and tight liquidity.
  • Earnings: Serco reported quarterly EPS of GBX 17.31, a net margin of 2.97% and ROE of 16.69%, and analysts expect about GBX 17.55 EPS for the current fiscal year.
  • MarketBeat previews the top five stocks to own by May 1st.

Serco Group plc (LON:SRP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 279.36 and traded as high as GBX 295.20. Serco Group shares last traded at GBX 292.80, with a volume of 3,560,470 shares trading hands.

Serco Group Trading Up 1.0%

The company has a debt-to-equity ratio of 104.09, a quick ratio of 0.98 and a current ratio of 0.93. The company has a market capitalization of £2.91 billion, a price-to-earnings ratio of 20.81, a P/E/G ratio of 3.06 and a beta of 0.52. The business's 50-day simple moving average is GBX 300.33 and its 200-day simple moving average is GBX 279.36.

Serco Group (LON:SRP - Get Free Report) last released its earnings results on Thursday, March 5th. The company reported GBX 17.31 earnings per share (EPS) for the quarter. Serco Group had a net margin of 2.97% and a return on equity of 16.69%. On average, research analysts expect that Serco Group plc will post 17.552759 earnings per share for the current fiscal year.

Serco Group Company Profile

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