Johnson Service Group (LON:JSG) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Johnson Service Group PLC (LON:JSG)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 136.62 and traded as low as GBX 134.10. Johnson Service Group shares last traded at GBX 144.50, with a volume of 2,035,611 shares traded.

Analysts Set New Price Targets

Several research analysts have issued reports on JSG shares. Berenberg Bank reissued a “buy” rating and set a GBX 205 price objective on shares of Johnson Service Group in a research report on Wednesday, March 4th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 150 price objective on shares of Johnson Service Group in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Johnson Service Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 178.33.

Johnson Service Group Price Performance

The company has a debt-to-equity ratio of 61.87, a quick ratio of 0.80 and a current ratio of 0.93. The company has a market capitalization of £557.95 million, a PE ratio of 15.97, a P/E/G ratio of 10.18 and a beta of 1.02. The company’s 50-day simple moving average is GBX 133 and its 200-day simple moving average is GBX 136.62.

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

Johnson Service Group Company Profile

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.