FirstGroup (LON:FGP) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

FirstGroup plc (LON:FGP)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 178.51 and traded as high as GBX 183.50. FirstGroup shares last traded at GBX 181.54, with a volume of 2,041,399 shares traded.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 255 target price on shares of FirstGroup in a research note on Monday, July 6th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, FirstGroup currently has an average rating of “Buy” and an average target price of GBX 247.50.

FirstGroup Stock Down 1.1%

The business has a 50 day moving average of GBX 174.52 and a 200 day moving average of GBX 178.43. The company has a debt-to-equity ratio of 163.00, a current ratio of 0.73 and a quick ratio of 0.74. The firm has a market capitalization of £966.87 million, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 5.21 and a beta of 0.71.

FirstGroup (LON:FGP) last posted its quarterly earnings results on Thursday, June 18th. The transport operator reported GBX 20.30 earnings per share for the quarter. The firm had revenue of GBX 475.19 billion for the quarter. FirstGroup had a net margin of 2.49% and a return on equity of 17.75%. On average, equities analysts anticipate that FirstGroup plc will post 17.3782772 EPS for the current year.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.