James Fisher and Sons (LON:FSJ) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of James Fisher and Sons plc (LON:FSJ) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 462.31 and traded as high as GBX 463. James Fisher and Sons shares last traded at GBX 463, with a volume of 8,562 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their target price on shares of 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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 690.

James Fisher and Sons Stock Performance

The business has a 50-day moving average price of GBX 478.36 and a 200-day moving average price of GBX 462.31. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 108.62. The firm has a market capitalization of £233.75 million, a price-to-earnings ratio of -53.22 and a beta of 0.80.

Insiders Place Their Bets

In related news, insider Jean Vernet sold 11,170 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 499, for a total value 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