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

James Fisher and Sons plc (LON:FSJ)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 455.91 and traded as high as GBX 470. James Fisher and Sons shares last traded at GBX 460.95, with a volume of 84,865 shares.

Analyst Ratings Changes

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

James Fisher and Sons Trading Down 0.2%

The business has a 50-day moving average price of GBX 479.52 and a 200-day moving average price of GBX 455.91. 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 £232.71 million, a P/E ratio of -52.98 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider Jean Vernet sold 11,170 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 499, for a total value of £55,738.30. 2.07% of the stock is owned by company insiders.

About James Fisher and Sons

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