James Fisher and Sons (LON:FSJ) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of James Fisher and Sons plc (LON:FSJ) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 459.11 and traded as high as GBX 462. James Fisher and Sons shares last traded at GBX 462, with a volume of 107,467 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price target on James Fisher and Sons from GBX 790 to GBX 850 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 690.

James Fisher and Sons Stock Performance

The business has a 50 day moving average of GBX 479.40 and a two-hundred day moving average of GBX 459.11. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 108.62. The firm has a market cap of £233.24 million, a P/E ratio of -53.10 and a beta of 0.80.

Insider Activity at James Fisher and Sons

In other James Fisher and Sons news, insider Jean Vernet sold 11,170 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of GBX 499, for a total value of £55,738.30. 2.12% of the stock is currently owned by corporate insiders.

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