James Fisher and Sons (LON:FSJ) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of James Fisher and Sons plc (LON:FSJ) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 366.94 and traded as high as GBX 368. James Fisher and Sons shares last traded at GBX 368, with a volume of 19,342 shares trading hands.

Wall Street Analyst Weigh In

FSJ has been the topic of several recent analyst reports. Berenberg Bank initiated coverage on James Fisher and Sons in a report on Thursday. They set a “buy” rating and a GBX 615 target price on the stock. Canaccord Genuity Group raised their price target on James Fisher and Sons from GBX 400 to GBX 530 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 572.50.

James Fisher and Sons Trading Up 4.1%

The company has a quick ratio of 1.12, a current ratio of 0.77 and a debt-to-equity ratio of 185.53. The company has a market capitalization of £193.28 million, a P/E ratio of 4.42 and a beta of 0.64. The business has a fifty day moving average price of GBX 379.87 and a 200 day moving average price of GBX 367.15.

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