PageGroup (LON:PAGE) Trading Down 11% on Analyst Downgrade

PageGroup plc (LON:PAGEGet Free Report) dropped 11% on Tuesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 600 to GBX 550. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. PageGroup traded as low as GBX 360 ($4.61) and last traded at GBX 376.24 ($4.82). Approximately 2,822,899 shares traded hands during trading, an increase of 485% from the average daily volume of 482,416 shares. The stock had previously closed at GBX 422.60 ($5.41).

PageGroup Price Performance

The company has a fifty day moving average of GBX 448.49 and a 200-day moving average of GBX 453.76. The company has a current ratio of 1.64, a quick ratio of 1.77 and a debt-to-equity ratio of 36.20. The stock has a market cap of £1.33 billion, a PE ratio of 1,685.00, a P/E/G ratio of 0.98 and a beta of 1.13.

PageGroup Company Profile

(Get Free Report)

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.

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