Serco Group plc (LON:SRP - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 159.55 ($2.12) and traded as high as GBX 180.10 ($2.39). Serco Group shares last traded at GBX 175.10 ($2.33), with a volume of 5,056,557 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital restated a "hold" rating on shares of Serco Group in a research report on Friday, February 7th.
View Our Latest Research Report on SRP
Serco Group Trading Down 0.8 %
The firm has a market cap of £1.74 billion, a PE ratio of 13.38, a P/E/G ratio of 3.06 and a beta of 0.38. The company's 50 day moving average price is GBX 162.67 and its two-hundred day moving average price is GBX 159.27. The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40.
Serco Group (LON:SRP - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) 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, sell-side analysts forecast that Serco Group plc will post 17.552759 EPS for the current year.
Serco Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be issued a GBX 2.82 ($0.04) dividend. This represents a dividend yield of 1.77%. This is a boost from Serco Group's previous dividend of $1.34. The ex-dividend date of this dividend is Thursday, April 10th. Serco Group's payout ratio is presently 31.16%.
Insider Buying and Selling at Serco Group
In other Serco Group news, insider Nigel Crossley sold 192,646 shares of the stock in a transaction on Monday, April 7th. The shares were sold at an average price of GBX 153 ($2.03), for a total transaction of £294,748.38 ($391,848.42). 1.67% of the stock is owned by corporate insiders.
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