Johnson Service Group (LON:JSG) Stock Price Down 14.1% – Here’s What Happened

Johnson Service Group PLC (LON:JSG)’s stock price dropped 14.1% on Friday . The stock traded as low as GBX 136 and last traded at GBX 142.70. 6,418,579 shares were traded during trading, an increase of 4% from the average session volume of 6,172,641 shares. The stock had previously closed at GBX 166.20.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 150 price objective on shares of Johnson Service Group in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 178.33.

Johnson Service Group Stock Performance

The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87. The business has a 50 day moving average price of GBX 150.10 and a two-hundred day moving average price of GBX 141.31. The stock has a market cap of £530.73 million, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 10.18 and a beta of 1.04.

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.