James Fisher and Sons (LON:FSJ) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

James Fisher and Sons plc (LON:FSJ)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 364.35 and traded as low as GBX 360. James Fisher and Sons shares last traded at GBX 375, with a volume of 6,670 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upped their price objective on James Fisher and Sons from GBX 400 to GBX 530 and gave the stock a “buy” rating in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, James Fisher and Sons has an average rating of “Buy” and a consensus price target of GBX 530.

James Fisher and Sons Price Performance

The company has a current ratio of 0.77, a quick ratio of 1.12 and a debt-to-equity ratio of 185.53. The stock has a market capitalization of £184.53 million, a P/E ratio of 4.22 and a beta of 0.64. The company has a fifty day simple moving average of GBX 386.81 and a two-hundred day simple moving average of GBX 364.35.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com