Shares of FirstGroup plc (LON:FGP) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 96.30 ($1.26) and last traded at GBX 95.10 ($1.24), with a volume of 525194 shares trading hands. The stock had previously closed at GBX 91.10 ($1.19).
Separately, Citigroup reissued a “top pick” rating and set a GBX 90 ($1.18) target price on shares of FirstGroup in a research report on Monday, February 1st. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 70.63 ($0.92).
The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 435.37. The company has a market cap of £1.19 billion and a P/E ratio of -4.56. The business’s fifty day moving average is GBX 89.96 and its 200 day moving average is GBX 68.92.
FirstGroup plc provides passenger transport services. The company operates through five segments: First Student, First Transit, Greyhound, First Bus, and First Rail. The First Student segment offers student transportation services through a fleet of approximately 43,000 yellow school buses in North America.
Featured Article: What does earnings per share mean?
Receive News & Ratings for FirstGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstGroup and related companies with MarketBeat.com's FREE daily email newsletter.