Zacks Investment Research cut shares of Stagecoach Group (NASDAQ:SAGKF) from a buy rating to a hold rating in a report released on Tuesday.

According to Zacks, “Stagecoach Group plc provides passenger transport. It offers bus, coach, train and tram services. The company operates primarily in UK, Europe and North America. Stagecoach Group plc is headquartered in Perth, the United Kingdom. “

Stagecoach Group (NASDAQ:SAGKF) traded down 6.51% during midday trading on Tuesday, reaching $2.01. The company’s stock had a trading volume of 8,000 shares. The firm has a market capitalization of $1.15 billion and a P/E ratio of 27.53. Stagecoach Group has a 52 week low of $2.01 and a 52 week high of $2.95. The company’s 50-day moving average is $2.15 and its 200 day moving average is $2.47.

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