PageGroup (LON:PAGE) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

PageGroup plc (LON:PAGE) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 161.84 and traded as low as GBX 112.90. PageGroup shares last traded at GBX 115.70, with a volume of 805,457 shares.

Analysts Set New Price Targets

Several research firms recently issued reports on PAGE. Citigroup dropped their price target on PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 260 price objective on shares of PageGroup in a report on Wednesday, April 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 125 target price on shares of PageGroup in a research note on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 228.33.

PageGroup Stock Up 2.3%

The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77. The stock’s fifty day simple moving average is GBX 121 and its 200-day simple moving average is GBX 161.84. The stock has a market cap of £360.25 million, a P/E ratio of 39.90, a PEG ratio of 0.98 and a beta of 0.93.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.