PageGroup (LON:PAGE) Share Price Passes Above 50-Day Moving Average – Here’s Why

PageGroup plc (LON:PAGEGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 131.20 and traded as high as GBX 198.70. PageGroup shares last traded at GBX 193.65, with a volume of 1,141,158 shares traded.

Analyst Ratings Changes

PAGE has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 260 price objective on shares of PageGroup in a research report on Wednesday, April 15th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 125 price target on shares of PageGroup in a report on Thursday, May 21st. Finally, Citigroup dropped their price objective on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 228.33.

Check Out Our Latest Analysis on PAGE

PageGroup Stock Up 1.1%

The firm has a 50 day moving average price of GBX 131.20 and a 200-day moving average price of GBX 151.89. The firm has a market cap of £609.34 million, a price-to-earnings ratio of 67.48, a price-to-earnings-growth ratio of 0.98 and a beta of 0.93. The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77.

PageGroup Company Profile

(Get Free Report)

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.

Further Reading

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