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

James Fisher and Sons plc (LON:FSJ)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 433.56 and traded as high as GBX 500. James Fisher and Sons shares last traded at GBX 491, with a volume of 23,150 shares.

Wall Street Analysts Forecast Growth

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

James Fisher and Sons Price Performance

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 stock has a market cap of £248.39 million, a P/E ratio of -56.55 and a beta of 0.77. The firm’s fifty day moving average price is GBX 483.89 and its 200-day moving average price is GBX 433.97.

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

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