FirstGroup (LON:FGP) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

FirstGroup plc (LON:FGPGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 178.51 and traded as high as GBX 183.50. FirstGroup shares last traded at GBX 181.54, with a volume of 2,041,399 shares.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 255 target price on shares of FirstGroup in a report on Monday, July 6th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, FirstGroup has a consensus rating of “Buy” and an average target price of GBX 247.50.

Read Our Latest Analysis on FGP

FirstGroup Stock Up 0.1%

The firm has a fifty day moving average price of GBX 174.11 and a 200 day moving average price of GBX 178.51. The company has a quick ratio of 0.74, a current ratio of 0.73 and a debt-to-equity ratio of 163.00. The company has a market cap of £980.83 million, a P/E ratio of 8.81, a PEG ratio of 5.21 and a beta of 0.71.

FirstGroup (LON:FGPGet Free Report) last announced its earnings results on Thursday, June 18th. The transport operator reported GBX 20.30 earnings per share for the quarter. FirstGroup had a return on equity of 17.75% and a net margin of 2.49%.The company had revenue of GBX 475.19 billion during the quarter. Equities research analysts forecast that FirstGroup plc will post 17.3782772 earnings per share for the current year.

FirstGroup Company Profile

(Get Free Report)

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.

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