Go-Ahead Group (LON:GOG) Share Price Crosses Above 200-Day Moving Average of $1,974.48

Go-Ahead Group plc (LON:GOG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1,974.48 and traded as high as $2,048.00. Go-Ahead Group shares last traded at $2,024.00, with a volume of 33,592 shares trading hands.

GOG has been the subject of several recent research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Go-Ahead Group in a report on Wednesday, May 15th. Royal Bank of Canada boosted their price objective on Go-Ahead Group from GBX 1,950 ($25.48) to GBX 2,000 ($26.13) and gave the stock a “sector performer” rating in a report on Friday, June 7th. Liberum Capital restated a “hold” rating on shares of Go-Ahead Group in a report on Wednesday, August 7th. Jefferies Financial Group boosted their price objective on Go-Ahead Group from GBX 2,260 ($29.53) to GBX 2,290 ($29.92) and gave the stock a “buy” rating in a report on Thursday, June 6th. Finally, HSBC boosted their price objective on Go-Ahead Group from GBX 2,010 ($26.26) to GBX 2,100 ($27.44) and gave the stock a “hold” rating in a report on Tuesday, July 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Go-Ahead Group currently has a consensus rating of “Hold” and a consensus price target of GBX 1,991.33 ($26.02).

The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 139.93. The company has a market cap of $876.09 million and a P/E ratio of 13.32. The firm’s 50 day moving average is GBX 2,107.82 and its two-hundred day moving average is GBX 1,974.48.

In other news, insider Carolyn Ferguson acquired 94 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was purchased at an average price of GBX 1,911 ($24.97) per share, for a total transaction of £1,796.34 ($2,347.24).

Go-Ahead Group Company Profile (LON:GOG)

The Go-Ahead Group plc provides bus and rail passenger transportation services in the United Kingdom and Singapore. It operates through three segments: Regional Bus, London Bus, and Rail. The company also offers rail replacement and other contracted services. It serves the department for transport, and transport for London.

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