FirstGroup (LON:FGP) Shares Pass Above Two Hundred Day Moving Average of $168.89

FirstGroup plc (LON:FGPGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 168.89 ($2.16) and traded as high as GBX 175.20 ($2.24). FirstGroup shares last traded at GBX 173 ($2.22), with a volume of 1,118,164 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price target on FirstGroup from GBX 191 ($2.45) to GBX 195 ($2.50) and gave the stock a “buy” rating in a research note on Tuesday, April 30th.

Check Out Our Latest Research Report on FirstGroup

FirstGroup Stock Performance

The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 288.86. The stock has a 50 day simple moving average of GBX 172.06 and a 200 day simple moving average of GBX 168.89. The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of -17,300.00, a P/E/G ratio of 5.21 and a beta of 1.42.

Insider Buying and Selling at FirstGroup

In related news, insider David Martin bought 100,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was bought at an average cost of GBX 182 ($2.33) per share, for a total transaction of £182,000 ($233,183.86). 3.18% of the stock is currently owned by insiders.

FirstGroup Company Profile

(Get Free Report)

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.

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