James Fisher and Sons (LON:FSJ) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

James Fisher and Sons plc (LON:FSJ)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 459.11 and traded as high as GBX 462. James Fisher and Sons shares last traded at GBX 462, with a volume of 107,467 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their target price on James Fisher and Sons from GBX 790 to GBX 850 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, James Fisher and Sons currently has an average rating of “Buy” and a consensus price target of GBX 690.

James Fisher and Sons Stock Performance

The company has a market cap of £233.24 million, a P/E ratio of -53.10 and a beta of 0.80. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 108.62. The business has a 50 day moving average price of GBX 479.40 and a 200-day moving average price of GBX 459.11.

Insiders Place Their Bets

In related news, insider Jean Vernet sold 11,170 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of GBX 499, for a total transaction of £55,738.30. Insiders own 2.12% of the company’s stock.

James Fisher and Sons Company Profile

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