PageGroup (LON:PAGE) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

PageGroup plc (LON:PAGE)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 170.45 and traded as low as GBX 111.20. PageGroup shares last traded at GBX 111.20, with a volume of 7,934,828 shares.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and issued a GBX 125 target price on shares of PageGroup in a research note on Thursday, May 21st. Citigroup decreased their target price on PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 260 price target on shares of PageGroup in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, PageGroup presently has an average rating of “Moderate Buy” and an average target price of GBX 228.33.

PageGroup Price Performance

The company has a current ratio of 1.47, a quick ratio of 1.77 and a debt-to-equity ratio of 61.62. The company’s fifty day moving average is GBX 126.67 and its two-hundred day moving average is GBX 170.45. The stock has a market cap of £346.24 million, a price-to-earnings ratio of 38.34, a P/E/G ratio of 0.98 and a beta of 0.93.

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.