Pagegroup (OTCMKTS:MPGPF) Reaches New 12-Month High – Time to Buy?

Shares of Pagegroup (OTCMKTS:MPGPF) reached a new 52-week high during trading on Monday. The stock traded as high as $3.10 and last traded at $3.10, with a volume of 1,157 shares changing hands. The stock had previously closed at $2.80.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Pagegroup from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Pagegroup currently has a consensus rating of “Hold”.

Pagegroup Price Performance

The company’s fifty day simple moving average is $2.63 and its 200-day simple moving average is $2.26.

Pagegroup Company Profile

PageGroup plc is a United Kingdom-based specialist recruitment and talent consultancy company. The group provides permanent, temporary, contract and interim recruitment services, helping employers identify and hire professionals across a range of industries, functions and levels of seniority.

The company operates through internationally recognized brands, including Michael Page, Page Personnel and Page Executive. Its services cover areas such as accounting and finance, banking and financial services, engineering, human resources, information technology, legal, marketing, procurement and supply chain, property and construction, sales, and executive search.

Founded in London in 1976 as Michael Page International, PageGroup has expanded into a global recruitment business serving clients and candidates across Europe, the Middle East and Africa, the Americas, and the Asia-Pacific region.