Serco Group (LON:SRP) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Serco Group plc (LON:SRP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 267.44 and traded as high as GBX 317.80. Serco Group shares last traded at GBX 311.80, with a volume of 95,418,078 shares.

Serco Group Stock Up 0.4%

The business’s 50 day simple moving average is GBX 302.87 and its 200-day simple moving average is GBX 267.44. The company has a debt-to-equity ratio of 104.09, a quick ratio of 0.98 and a current ratio of 0.93. The company has a market cap of £3.08 billion, a price-to-earnings ratio of 62.11, a price-to-earnings-growth ratio of 3.06 and a beta of 0.51.

Serco Group (LON:SRP) last posted its quarterly earnings results on Thursday, March 5th. The company reported GBX 17.31 earnings per share for the quarter. Serco Group had a net margin of 2.97% and a return on equity of 16.69%. Sell-side analysts expect that Serco Group plc will post 17.552759 earnings per share for the current year.

About Serco Group