Pagegroup (OTCMKTS:MPGPF) Shares Gap Down – Should You Sell?

Pagegroup (OTCMKTS:MPGPF)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $3.10, but opened at $2.80. Pagegroup shares last traded at $2.80, with a volume of 7,269 shares trading hands.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Pagegroup from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Pagegroup Price Performance

The stock has a 50 day moving average of $2.73 and a 200 day moving average of $2.45.

About Pagegroup

PageGroup plc (OTCMKTS:MPGPF) is a global recruitment consultancy that provides permanent, temporary and contract staffing services. The company helps employers recruit professionals across areas such as accounting and finance, banking and financial services, engineering, healthcare, information technology, legal, marketing, procurement and supply chain management.

Operating through brands including Michael Page, Page Personnel, Page Executive and Page Outsourcing, PageGroup serves clients ranging from small and midsized businesses to large multinational organizations.