Serco Group plc (LON:SRP - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 160.32 ($2.12) and traded as high as GBX 162.60 ($2.15). Serco Group shares last traded at GBX 162.30 ($2.15), with a volume of 995,115 shares.
Analysts Set New Price Targets
Separately, Shore Capital reissued a "hold" rating on shares of Serco Group in a research note on Friday, February 7th.
View Our Latest Stock Analysis on SRP
Serco Group Price Performance
The company's 50-day moving average is GBX 160.21 and its 200-day moving average is GBX 159.77. 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 firm has a market capitalization of £1.65 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 3.06 and a beta of 0.38.
Serco Group (LON:SRP - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. On average, research analysts expect that Serco Group plc will post 17.552759 earnings per share for the current year.
Serco Group Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 2.82 ($0.04) per share. This is a boost from Serco Group's previous dividend of $1.34. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.77%. Serco Group's payout ratio is presently 31.16%.
Insider Buying and Selling
In other Serco Group 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 ($2.03), for a total transaction of £294,748.38 ($390,550.39). Insiders own 1.67% of the company's stock.
Serco Group Company Profile
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