James Fisher and Sons (LON:FSJ) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 455.91 and traded as high as GBX 470. James Fisher and Sons shares last traded at GBX 460.95, with a volume of 84,865 shares changing hands.

Analyst Ratings Changes

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

James Fisher and Sons Stock Up 0.7%

The firm’s fifty day simple moving average is GBX 479.16 and its 200 day simple moving average is GBX 456.37. The company has a debt-to-equity ratio of 108.62, a quick ratio of 1.12 and a current ratio of 1.16. The stock has a market capitalization of £233.75 million, a price-to-earnings ratio of -53.22 and a beta of 0.80.

Insiders Place Their Bets

In other James Fisher and Sons news, insider Jean Vernet sold 11,170 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 499, for a total transaction of £55,738.30. Insiders own 2.07% of the company’s stock.

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