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

Serco Group logo with Industrials background

Shares of Serco Group plc (LON:SRP - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 164.52 ($2.26) and traded as high as GBX 198.60 ($2.73). Serco Group shares last traded at GBX 197.70 ($2.71), with a volume of 3,143,915 shares trading hands.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on Serco Group

Serco Group Stock Up 2.5%

The business's 50 day moving average is GBX 183.14 and its 200 day moving average is GBX 165.27. The company has a debt-to-equity ratio of 62.40, a quick ratio of 0.98 and a current ratio of 0.91. The stock has a market cap of £2.07 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38.

Insider Buying and Selling at Serco Group

In related news, insider Anthony Kirby bought 35,300 shares of the firm's stock in a transaction on Friday, May 9th. The stock was bought at an average price of GBX 159 ($2.18) per share, with a total value of £56,127 ($77,023.47). Also, insider Nigel Crossley sold 192,646 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of GBX 153 ($2.10), for a total transaction of £294,748.38 ($404,485.22). Company insiders own 1.67% of the company's stock.

Serco Group Company Profile

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