PageGroup (LON:PAGE) Reaches New 52-Week Low – Here’s Why

PageGroup plc (LON:PAGE)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 217.40 and last traded at GBX 217.80, with a volume of 361391 shares. The stock had previously closed at GBX 223.40.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of PageGroup from GBX 450 to GBX 400 and set a “buy” rating on the stock in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, PageGroup presently has a consensus rating of “Moderate Buy” and an average target price of GBX 327.50.

PageGroup Trading Down 0.2%

The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35. The stock has a market capitalization of £643.58 million, a PE ratio of 55.51, a PEG ratio of 0.98 and a beta of 1.11. The business’s 50-day moving average is GBX 231.81 and its two-hundred day moving average is GBX 242.62.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.