James Fisher and Sons (LON:FSJ) Stock Price Breaks Below 200-Day Moving Average – Should You Sell?

James Fisher and Sons plc (LON:FSJ) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 462.93 and traded as low as GBX 411. James Fisher and Sons shares last traded at GBX 420, with a volume of 66,848 shares traded.

Analyst Ratings Changes

Several equities analysts have issued reports on FSJ shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 575 target price on shares of James Fisher and Sons in a research note on Tuesday, September 22nd. Berenberg Bank lowered their price objective on shares of James Fisher and Sons from GBX 850 to GBX 835 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Two research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 705.

James Fisher and Sons Stock Up 1.4%

The company has a debt-to-equity ratio of 142.42, a quick ratio of 1.12 and a current ratio of 1.15. The stock has a market cap of £215.07 million, a PE ratio of -73.45 and a beta of 0.79. The company’s 50-day moving average price is GBX 442.08 and its 200 day moving average price is GBX 462.67.

James Fisher and Sons (LON:FSJ) last announced its earnings results on Tuesday, September 8th. The company reported GBX 6.50 earnings per share (EPS) for the quarter. James Fisher and Sons had a negative net margin of 0.73% and a negative return on equity of 1.54%. As a group, analysts forecast that James Fisher and Sons plc will post 20.00 EPS for the current fiscal 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