Pagegroup (OTCMKTS:MPGPF) Shares Gap Up – Still a Buy?

Pagegroup (OTCMKTS:MPGPF) gapped up prior to trading on Thursday . The stock had previously closed at $2.27, but opened at $2.80. Pagegroup shares last traded at $2.80, with a volume of 2,789 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Pagegroup from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Pagegroup Trading Down 7.6%

The company has a current ratio of 1.53, a quick ratio of 1.47 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average price is $2.22 and its 200-day moving average price is $2.26.

About Pagegroup

PageGroup plc is a United Kingdom-based specialist recruitment consultancy that connects employers with candidates across a broad range of professional disciplines. The company provides permanent, temporary and contract recruitment services, as well as executive search, talent advisory and other workforce solutions.

PageGroup operates through well-known brands including Michael Page, Page Executive and Page Personnel. Its services support employers seeking professionals and managers in areas such as accounting and finance, engineering, human resources, information technology, legal, marketing, procurement, property and sales.

The company was founded in London in 1976 as Michael Page International and has since developed an international operating network serving clients and candidates across Europe, the Americas, Asia-Pacific and other global markets.