RS Group (LON:RS1) Stock Price Down 0.6%

RS Group plc (LON:RS1) shares dropped 0.6% on Wednesday . The stock traded as low as GBX 709 ($8.76) and last traded at GBX 709.50 ($8.76). Approximately 1,496,560 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 973,235 shares. The stock had previously closed at GBX 714 ($8.82).

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 925 ($11.43) target price on shares of RS Group in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,013 ($12.51).

RS Group Trading Up 3.5 %

The company has a current ratio of 1.90, a quick ratio of 1.24 and a debt-to-equity ratio of 63.10. The business’s 50-day moving average is GBX 730.85 and its two-hundred day moving average is GBX 748.78. The firm has a market cap of £3.47 billion, a P/E ratio of 1,465.00, a P/E/G ratio of 1.85 and a beta of 0.92.

About RS Group

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.