Serco Group (LON:SRP) Sets New 52-Week High – Should You Buy?

Serco Group plc (LON:SRPGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 201 ($2.75) and last traded at GBX 198.40 ($2.71), with a volume of 2365480 shares trading hands. The stock had previously closed at GBX 197.70 ($2.70).

Serco Group Stock Up 1.8%

The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40. The company has a market capitalization of £2.00 billion, a price-to-earnings ratio of 15.34, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The firm’s fifty day simple moving average is GBX 182.42 and its two-hundred day simple moving average is GBX 164.92.

Insider Buying and Selling

In other news, insider Anthony Kirby purchased 35,300 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average price of GBX 159 ($2.17) per share, for a total transaction of £56,127 ($76,686.71). Also, insider Nigel Crossley sold 45,409 shares of Serco Group stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 157 ($2.15), for a total transaction of £71,292.13 ($97,406.93). 1.67% of the stock is owned by insiders.

About Serco Group

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