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

James Fisher and Sons plc (LON:FSJ)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 459.11 and traded as high as GBX 462. James Fisher and Sons shares last traded at GBX 462, with a volume of 107,467 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank upped their price objective on James Fisher and Sons from GBX 790 to GBX 850 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, James Fisher and Sons presently has a consensus rating of “Buy” and a consensus target price of GBX 690.

James Fisher and Sons Stock Performance

The company has a debt-to-equity ratio of 108.62, a current ratio of 1.16 and a quick ratio of 1.12. The firm has a fifty day moving average price of GBX 479.48 and a two-hundred day moving average price of GBX 459.08. The stock has a market capitalization of £229.71 million, a PE ratio of -52.30 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider Jean Vernet sold 11,170 shares of James Fisher and Sons stock in a transaction on Monday, June 8th. The stock was sold at an average price of GBX 499, for a total transaction of £55,738.30. 2.12% of the stock is currently owned by insiders.

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