Serco Group plc (LON:SRP - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 159.84 ($2.13) and traded as high as GBX 165.20 ($2.20). Serco Group shares last traded at GBX 165.20 ($2.20), with a volume of 1,387,191 shares traded.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "hold" rating on shares of Serco Group in a report on Friday, February 7th.
View Our Latest Research Report on SRP
Serco Group Stock Up 0.6 %
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 firm has a market cap of £1.74 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 3.06 and a beta of 0.38. The business's 50 day moving average price is GBX 161.19 and its 200 day moving average price is GBX 159.46.
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%. On average, equities analysts forecast that Serco Group plc will post 17.552759 EPS for the current year.
Serco Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.77%. This is an increase from Serco Group's previous dividend of $1.34. Serco Group's dividend payout ratio is currently 31.16%.
Insider Activity
In related news, insider Nigel Crossley sold 192,646 shares of the company's stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of GBX 153 ($2.04), for a total value of £294,748.38 ($392,736.02). Insiders own 1.67% of the company's stock.
About Serco Group
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