James Fisher and Sons (LON:FSJ) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of James Fisher and Sons plc (LON:FSJ) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 462.31 and traded as high as GBX 463. James Fisher and Sons shares last traded at GBX 463, with a volume of 8,562 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price target on shares of James Fisher and Sons from GBX 790 to GBX 850 and gave the company a “buy” rating in a report on Tuesday, June 16th. Two equities research analysts have 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 target price of GBX 690.

James Fisher and Sons Stock Down 0.4%

The firm has a market capitalization of £233.75 million, a PE ratio of -53.22 and a beta of 0.80. The company has a fifty day moving average price of GBX 478.36 and a 200-day moving average price of GBX 462.31. The company has a debt-to-equity ratio of 108.62, a quick ratio of 1.12 and a current ratio of 1.16.

Insiders Place Their Bets

In other James Fisher and Sons news, insider Jean Vernet sold 11,170 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 499, for a total value of £55,738.30. 2.12% of the stock is owned by company insiders.

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