James Fisher and Sons (LON:FSJ) Stock Crosses Above 200-Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 348.24 and traded as high as GBX 400. James Fisher and Sons shares last traded at GBX 380, with a volume of 128,130 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their target price on shares of James Fisher and Sons from GBX 400 to GBX 530 and gave the company a “buy” rating in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 452.50.

James Fisher and Sons Stock Performance

The business’s fifty day moving average price is GBX 372.51 and its two-hundred day moving average price is GBX 348.24. The company has a debt-to-equity ratio of 185.53, a quick ratio of 1.12 and a current ratio of 0.77. The stock has a market capitalization of £193.28 million, a P/E ratio of 4.42 and a beta of 0.64.

James Fisher and Sons (LON:FSJ) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 0.80 EPS for the quarter. James Fisher and Sons had a negative return on equity of 33.24% and a negative net margin of 10.44%. As a group, sell-side analysts forecast that James Fisher and Sons plc will post 20 earnings per share for the current year.

About James Fisher and Sons