James Fisher and Sons (LON:FSJ) Share Price Crosses Above 200-Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 412.99 and traded as high as GBX 457. James Fisher and Sons shares last traded at GBX 447, with a volume of 127,037 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank upped their price objective on shares of James Fisher and Sons from GBX 615 to GBX 790 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 660.

James Fisher and Sons Price Performance

The company has a debt-to-equity ratio of 108.62, a quick ratio of 1.12 and a current ratio of 1.16. The company has a 50-day simple moving average of GBX 475.93 and a 200-day simple moving average of GBX 412.99. The company has a market cap of £225.58 million, a price-to-earnings ratio of 5.16 and a beta of 0.77.

James Fisher and Sons (LON:FSJ) last posted its quarterly earnings results on Thursday, March 12th. The company reported GBX 20.20 EPS for the quarter. James Fisher and Sons had a negative return on equity of 2.37% and a negative net margin of 1.12%. As a group, research analysts predict that James Fisher and Sons plc will post 20 earnings per share for the current year.

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