PageGroup (LON:PAGE) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

PageGroup plc (LON:PAGE)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 221.60 and traded as low as GBX 199.10. PageGroup shares last traded at GBX 207.40, with a volume of 229,236 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut their price target on shares of PageGroup from GBX 450 to GBX 400 and set a “buy” rating on the stock in a report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 327.50.

PageGroup Stock Performance

The stock has a market capitalization of £649.85 million, a price-to-earnings ratio of 56.05, a PEG ratio of 0.98 and a beta of 1.11. The company has a debt-to-equity ratio of 40.35, a quick ratio of 1.77 and a current ratio of 1.60. The firm’s 50 day moving average is GBX 221.60 and its 200-day moving average is GBX 235.68.

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.