PageGroup (LON:PAGE) Hits New 1-Year Low – Time to Sell?

Shares of PageGroup plc (LON:PAGEGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 245.80 ($3.19) and last traded at GBX 251.20 ($3.26), with a volume of 2708902 shares trading hands. The stock had previously closed at GBX 256.80 ($3.33).

PageGroup Trading Down 5.2 %

The company has a market capitalization of £782.13 million, a P/E ratio of 15.45, a PEG ratio of 0.98 and a beta of 1.11. The company has a debt-to-equity ratio of 40.35, a quick ratio of 1.77 and a current ratio of 1.60. The stock has a fifty day moving average of GBX 315.24 and a 200 day moving average of GBX 339.10.

PageGroup (LON:PAGEGet Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported GBX 9.10 ($0.12) EPS for the quarter. PageGroup had a return on equity of 17.47% and a net margin of 2.71%. As a group, equities research analysts anticipate that PageGroup plc will post 23.5923567 EPS for the current fiscal year.

PageGroup Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Thursday, May 15th will be issued a dividend of GBX 11.75 ($0.15) per share. This represents a dividend yield of 3.44%. The ex-dividend date is Thursday, May 15th. This is an increase from PageGroup’s previous dividend of $5.36. PageGroup’s dividend payout ratio is 105.21%.

Insider Activity

In other news, insider Nick Kirk sold 29,749 shares of PageGroup stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 336 ($4.36), for a total value of £99,956.64 ($129,746.42). Company insiders own 5.42% of the company’s stock.

About PageGroup

(Get Free Report)

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c. 8,500 people in 37 countries, with a gross profit of over £1,076.3mm in 2022. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.

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