Johnson Service Group (LON:JSG) Shares Cross Below 200-Day Moving Average – What’s Next?

Johnson Service Group PLC (LON:JSG)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 140.01 and traded as low as GBX 127. Johnson Service Group shares last traded at GBX 130.56, with a volume of 9,057,109 shares.

Analyst Ratings Changes

A number of research analysts have recently commented on JSG shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 205 price objective on shares of Johnson Service Group in a report on Wednesday, March 4th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 150 price target on shares of Johnson Service Group in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 178.33.

Johnson Service Group Price Performance

The stock has a 50-day moving average price of GBX 139.69 and a 200 day moving average price of GBX 140.01. The firm has a market cap of £493.24 million, a price-to-earnings ratio of 15.01, a PEG ratio of 10.18 and a beta of 1.05. The company has a debt-to-equity ratio of 61.87, a current ratio of 0.93 and a quick ratio of 0.80.

Johnson Service Group (LON:JSG) last issued its quarterly earnings results on Wednesday, March 4th. The company reported GBX 12.20 EPS for the quarter. Johnson Service Group had a net margin of 6.93% and a return on equity of 13.04%.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.