James Fisher and Sons (LON:FSJ) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 395.86 and traded as high as GBX 512. James Fisher and Sons shares last traded at GBX 504, with a volume of 25,979 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 615 price target on shares of James Fisher and Sons in a research report on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 572.50.

James Fisher and Sons Stock Performance

The business has a 50-day moving average of GBX 437.44 and a 200-day moving average of GBX 395.86. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 109.73. The stock has a market cap of £254.35 million, a price-to-earnings ratio of 5.82 and a beta of 0.72.

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