FirstGroup (LON:FGP) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

FirstGroup plc (LON:FGP) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 179.06 and traded as high as GBX 196. FirstGroup shares last traded at GBX 188.22, with a volume of 1,077,410 shares traded.

FirstGroup Stock Performance

The company has a debt-to-equity ratio of 163.00, a current ratio of 0.73 and a quick ratio of 0.74. The firm has a fifty day simple moving average of GBX 172.57 and a 200 day simple moving average of GBX 179.06. The company has a market cap of £1.02 billion, a price-to-earnings ratio of 8.88, a P/E/G ratio of 5.21 and a beta of 0.71.

FirstGroup (LON:FGP) last released its quarterly earnings results on Thursday, June 18th. The transport operator reported GBX 20.30 EPS for the quarter. FirstGroup had a net margin of 2.49% and a return on equity of 17.75%. The company had revenue of GBX 475.19 billion for the quarter. On average, sell-side analysts expect that FirstGroup plc will post 17.3782772 earnings per share for the current fiscal year.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.