James Fisher and Sons (LON:FSJ) Stock Crosses Above 200-Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 429.28 and traded as high as GBX 512. James Fisher and Sons shares last traded at GBX 481, with a volume of 43,865 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on shares of James Fisher and Sons from GBX 615 to GBX 790 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, James Fisher and Sons currently has an average rating of “Buy” and an average price target of GBX 660.

James Fisher and Sons Stock Performance

The company’s 50-day moving average price is GBX 486.51 and its two-hundred day moving average price is GBX 429.28. The company has a debt-to-equity ratio of 108.62, a quick ratio of 1.12 and a current ratio of 1.16. The stock has a market cap of £241.75 million, a PE ratio of -55.04 and a beta of 0.79.

James Fisher and Sons (LON:FSJ) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX 20.20 earnings per share for the quarter. James Fisher and Sons had a negative net margin of 1.12% and a negative return on equity of 2.37%. On average, equities research analysts forecast that James Fisher and Sons plc will post 20 EPS for the current year.

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