Johnson Service Group (LON:JSG) Stock Passes Below 200-Day Moving Average – Should You Sell?

Johnson Service Group PLC (LON:JSG)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 136.82 and traded as low as GBX 126.95. Johnson Service Group shares last traded at GBX 127.75, with a volume of 488,359 shares.

Analysts Set New Price Targets

Several research analysts have issued reports on JSG shares. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 150 price target on shares of Johnson Service Group in a research report on Wednesday, March 4th. Berenberg Bank reiterated a “buy” rating and set a GBX 205 price objective on shares of Johnson Service Group in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Johnson Service Group presently has an average rating of “Moderate Buy” and an average price target of GBX 178.33.

Johnson Service Group Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87. The stock has a market capitalization of £487.05 million, a PE ratio of 13.95, a PEG ratio of 10.18 and a beta of 1.02. The firm’s 50-day simple moving average is GBX 132.86 and its two-hundred day simple moving average is GBX 136.82.

Johnson Service Group (LON:JSG) last posted its quarterly earnings data on Wednesday, March 4th. The company reported GBX 12.20 earnings per share for the quarter. Johnson Service Group had a net margin of 6.93% and a return on equity of 13.04%.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.