PageGroup (LON:PAGE) Stock Passes Below 50 Day Moving Average of $433.98

Shares of PageGroup plc (LON:PAGE – Get Rating) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 433.98 ($5.32) and traded as low as GBX 433.60 ($5.31). PageGroup shares last traded at GBX 457 ($5.60), with a volume of 439,076 shares.

Analysts Set New Price Targets

Separately, Royal Bank of Canada decreased their target price on shares of PageGroup from GBX 760 ($9.31) to GBX 610 ($7.47) and set an “outperform” rating for the company in a research report on Thursday, May 19th.

PageGroup Price Performance

The stock’s 50 day moving average price is GBX 433.98 and its two-hundred day moving average price is GBX 488.83. The company has a debt-to-equity ratio of 30.09, a current ratio of 1.81 and a quick ratio of 1.76. The firm has a market capitalization of £1.50 billion and a price-to-earnings ratio of 1,235.14.

PageGroup Company Profile

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PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers executive search services under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.