PageGroup (LON:PAGE) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

PageGroup plc (LON:PAGE)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 157.54 and traded as high as GBX 226.40. PageGroup shares last traded at GBX 224, with a volume of 1,285,486 shares traded.

Wall Street Analyst Weigh In

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

PageGroup Trading Up 1.5%

The stock has a market capitalization of £697.46 million, a price-to-earnings ratio of 77.24, a PEG ratio of 0.98 and a beta of 1.00. The company’s 50-day moving average is GBX 157.54 and its 200-day moving average is GBX 151.53. The company has a quick ratio of 1.77, a current ratio of 1.53 and a debt-to-equity ratio of 80.32.

PageGroup (LON:PAGE) last posted its earnings results on Thursday, August 6th. The company reported GBX 1.20 earnings per share for the quarter. PageGroup had a net margin of 0.79% and a return on equity of 5.95%. Research analysts anticipate that PageGroup plc will post 23.5923567 earnings per share for the current fiscal 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.