PageGroup (LON:PAGE) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

PageGroup plc (LON:PAGE) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 131.20 and traded as high as GBX 198.70. PageGroup shares last traded at GBX 193.65, with a volume of 1,141,158 shares.

Analyst Ratings Changes

Several research firms have commented on PAGE. Citigroup lowered their price objective on PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 260 price objective on shares of PageGroup in a report on Wednesday, April 15th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 125 target price on shares of PageGroup in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 228.33.

PageGroup Price Performance

The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77. The stock has a market capitalization of £566.50 million, a price-to-earnings ratio of 62.74, a price-to-earnings-growth ratio of 0.98 and a beta of 0.93. The stock has a 50 day moving average price of GBX 132.70 and a 200-day moving average price of GBX 151.64.

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. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.