James Fisher and Sons (LON:FSJ) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of James Fisher and Sons plc (LON:FSJ) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 471.90 and traded as high as GBX 480. James Fisher and Sons shares last traded at GBX 480, with a volume of 13,068 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 850 price target on shares of James Fisher and Sons in a research note on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, James Fisher and Sons has a consensus rating of “Buy” and a consensus target price of GBX 690.

James Fisher and Sons Stock Performance

The company has a debt-to-equity ratio of 108.62, a current ratio of 1.16 and a quick ratio of 1.12. The firm has a market cap of £236.46 million, a P/E ratio of -53.84 and a beta of 0.80. The stock’s 50 day moving average is GBX 473.26 and its two-hundred day moving average is GBX 471.90.

Insiders Place Their Bets

In other news, insider Jean Vernet sold 11,170 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 499, for a total value of £55,738.30. Insiders own 2.12% of the company’s stock.

James Fisher and Sons Company Profile

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com