PageGroup (LON:PAGE) Stock Crosses Above 50 Day Moving Average – Should You Sell?

PageGroup plc (LON:PAGE)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 146.68 and traded as high as GBX 196. PageGroup shares last traded at GBX 195, with a volume of 486,826 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 125 price objective on shares of PageGroup in a research note on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 228.33.

PageGroup Trading Up 6.8%

The stock has a 50 day moving average of GBX 146.68 and a 200-day moving average of GBX 150.67. The company has a market capitalization of £648.26 million, a P/E ratio of 71.79, a P/E/G ratio of 0.98 and a beta of 1.00. The company has a current ratio of 1.53, a quick ratio of 1.77 and a debt-to-equity ratio of 80.32.

PageGroup (LON:PAGE) last released its earnings results on Thursday, August 6th. The company reported GBX 1.20 EPS for the quarter. PageGroup had a net margin of 0.79% and a return on equity of 5.95%. On average, research analysts predict that PageGroup plc will post 23.5923567 EPS for the current year.

About PageGroup

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.