Pagegroup (OTCMKTS:MPGPF) Hits New 52-Week Low – Here’s What Happened

Pagegroup (OTCMKTS:MPGPF) hit a new 52-week low on Tuesday . The stock traded as low as $2.7750 and last traded at $2.7750, with a volume of 2384 shares. The stock had previously closed at $3.15.

Wall Street Analyst Weigh In

MPGPF has been the topic of a number of analyst reports. Morgan Stanley lowered Pagegroup to an “underweight” rating in a research report on Wednesday, December 3rd. BNP Paribas lowered shares of Pagegroup from a “neutral” rating to an “underperform” rating in a research note on Friday, December 5th. Finally, Barclays upgraded shares of Pagegroup to a “hold” rating in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Pagegroup presently has a consensus rating of “Reduce”.

Pagegroup Stock Down 11.9%

The stock has a fifty day moving average of $3.27 and a 200-day moving average of $3.46.

About Pagegroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.