Pagegroup (OTCMKTS:MPGPF) Shares Gap Down – Here’s Why

Pagegroup (OTCMKTS:MPGPF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $3.15, but opened at $2.82. Pagegroup shares last traded at $2.82, with a volume of 2,789 shares traded.

Analysts Set New Price Targets

A number of analysts have commented on the company. Investec lowered Pagegroup from a “buy” rating to a “hold” rating in a report on Tuesday. BNP Paribas downgraded Pagegroup from a “neutral” rating to an “underperform” rating in a research note on Friday, December 5th. Barclays raised shares of Pagegroup to a “hold” rating in a report on Wednesday, October 8th. Finally, Morgan Stanley downgraded Pagegroup to an “underweight” rating in a research note on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Pagegroup presently has a consensus rating of “Reduce”.

Pagegroup Stock Performance

The stock’s fifty day moving average is $3.00 and its two-hundred day moving average is $3.34.

Pagegroup Company Profile

PageGroup plc (OTCMKTS: MPGPF) is a global recruitment firm headquartered in Weybridge, Surrey, United Kingdom. The company specializes in matching professionals with permanent, contract and interim positions across a diverse range of industry sectors. Through its well-established brands—most notably Michael Page, Page Personnel and Page Executive—PageGroup delivers tailored staffing solutions to both large multinational corporations and small to medium-sized enterprises.

PageGroup’s core services include specialist recruitment for finance and accounting, technology and digital, legal, human resources, marketing and sales, manufacturing and supply chain, and executive search.