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

PageGroup plc (LON:PAGEGet Free Report)’s stock price passed 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 trading hands.

Wall Street Analyst Weigh In

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

Get Our Latest Report on PAGE

PageGroup Stock Up 1.1%

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

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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