Serco Group plc (LON:SRP - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 159 ($2.12) and traded as high as GBX 177 ($2.36). Serco Group shares last traded at GBX 174.76 ($2.33), with a volume of 2,067,755 shares traded.
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a "hold" rating on shares of Serco Group in a research note on Friday, February 7th.
Check Out Our Latest Stock Report on Serco Group
Serco Group Stock Up 0.1%
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 company has a market capitalization of £1.83 billion, a PE ratio of 14.07, a P/E/G ratio of 3.06 and a beta of 0.38. The business's 50 day simple moving average is GBX 164.06 and its 200 day simple moving average is GBX 159.26.
Serco Group (LON:SRP - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) EPS for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. As a group, analysts anticipate that Serco Group plc will post 17.552759 earnings per share for the current fiscal year.
Serco Group Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, April 10th were paid a GBX 2.82 ($0.04) dividend. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Serco Group's previous dividend of $1.34. Serco Group's dividend payout ratio is 31.16%.
Insider Buying and Selling
In other news, insider Anthony Kirby bought 35,300 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of GBX 159 ($2.12) per share, with a total value of £56,127 ($74,696.57). Also, insider Nigel Crossley sold 192,646 shares of Serco Group stock in a transaction dated Monday, April 7th. The shares were sold at an average price of GBX 153 ($2.04), for a total value of £294,748.38 ($392,265.61). Corporate insiders own 1.67% of the company's stock.
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