PageGroup (LON:PAGE) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

PageGroup plc (LON:PAGE) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 221.60 and traded as low as GBX 199.10. PageGroup shares last traded at GBX 207.40, with a volume of 229,236 shares changing hands.

Analysts Set New Price Targets

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

PageGroup Trading Up 4.1%

The company has a current ratio of 1.60, a quick ratio of 1.77 and a debt-to-equity ratio of 40.35. The company has a market capitalization of £649.85 million, a price-to-earnings ratio of 56.05, a PEG ratio of 0.98 and a beta of 1.11. The company has a fifty day moving average of GBX 221.60 and a 200-day moving average of GBX 235.68.

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.