Serco Group plc (LON:SRP - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 159.84 ($2.14) and traded as high as GBX 165.20 ($2.22). Serco Group shares last traded at GBX 165.20 ($2.22), with a volume of 1,387,191 shares traded.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "hold" rating on shares of Serco Group in a report on Friday, February 7th.
Check Out Our Latest Analysis on Serco Group
Serco Group Stock Down 0.4 %
The business's 50 day moving average is GBX 160.92 and its 200 day moving average is GBX 159.37. The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The company has a market cap of £1.72 billion, a P/E ratio of 13.24, a P/E/G ratio of 3.06 and a beta of 0.38.
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 return on equity of 13.70% and a net margin of 2.87%. As a group, equities analysts anticipate that Serco Group plc will post 17.552759 earnings per share for the current fiscal year.
Serco Group Increases Dividend
The company also recently declared 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 is a boost from Serco Group's previous dividend of $1.34. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, April 10th. Serco Group's dividend payout ratio (DPR) is currently 31.16%.
Insider Buying and Selling
In related news, insider Nigel Crossley sold 192,646 shares of the company's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 153 ($2.05), for a total transaction of £294,748.38 ($395,317.03). 1.67% of the stock is currently owned by company insiders.
Serco Group Company Profile
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