Serco Group (OTCMKTS:SECCF) Stock Price Up 6.3% – Time to Buy?

Serco Group plc (OTCMKTS:SECCF) rose 6.3% during trading on Friday . The stock traded as high as $2.82 and last traded at $2.70. Approximately 5,200 shares changed hands during mid-day trading, an increase of 65% from the average daily volume of 3,151 shares. The stock had previously closed at $2.54.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a “buy” rating on shares of Serco Group in a research report on Monday, March 3rd.

Serco Group Stock Performance

The firm has a 50 day moving average price of $2.39 and a 200-day moving average price of $2.15.

About Serco Group

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.