PageGroup (LON:PAGE) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

PageGroup plc (LON:PAGE) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 234.10 and traded as low as GBX 227.80. PageGroup shares last traded at GBX 227.80, with a volume of 966,587 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered their target price on shares of PageGroup from GBX 275 to GBX 255 and set a “hold” rating for the company in a report on Thursday, September 11th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, PageGroup presently has an average rating of “Moderate Buy” and a consensus target price of GBX 352.50.

PageGroup Stock Up 1.4%

The company has a current ratio of 1.60, a quick ratio of 1.77 and a debt-to-equity ratio of 40.35. The firm’s fifty day moving average price is GBX 234.18 and its 200-day moving average price is GBX 252.72. The company has a market cap of £724.01 million, a price-to-earnings ratio of 62.45, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. 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.