Serco Group's (SRP) "House Stock" Rating Reiterated at Shore Capital

Serco Group (LON:SRP - Get Free Report)'s stock had its "house stock" rating reaffirmed by investment analysts at Shore Capital in a research note issued to investors on Thursday, Marketbeat reports.

Serco Group Price Performance

Shares of SRP traded up GBX 5.42 ($0.07) during mid-day trading on Thursday, reaching GBX 199.02 ($2.73). The company had a trading volume of 2,513,813 shares, compared to its average volume of 6,753,456. The company has a market capitalization of £2.02 billion, a price-to-earnings ratio of 15.50, a P/E/G ratio of 3.06 and a beta of 0.38. 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 company's 50 day simple moving average is GBX 182.42 and its 200 day simple moving average is GBX 164.92. Serco Group has a 1-year low of GBX 136.20 ($1.87) and a 1-year high of GBX 201 ($2.76).

Insider Activity

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

Serco Group Company Profile