Johnson Service Group (LON:JSG) Stock Passes Above Two Hundred Day Moving Average of $98.32

Johnson Service Group PLC (LON:JSG – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 98.32 ($1.20) and traded as high as GBX 120.40 ($1.47). Johnson Service Group shares last traded at GBX 118.80 ($1.45), with a volume of 3,487,380 shares traded.

Analysts Set New Price Targets

Separately, Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 105 ($1.28) price objective on shares of Johnson Service Group in a research note on Friday, January 13th.

Johnson Service Group Trading Up 1.0 %

The firm has a market capitalization of £514.24 million, a PE ratio of 2,376.00, a price-to-earnings-growth ratio of 10.18 and a beta of 1.76. The stock’s 50-day moving average price is GBX 109.34 and its 200 day moving average price is GBX 98.32. The company has a debt-to-equity ratio of 19.15, a current ratio of 0.80 and a quick ratio of 0.80.

Johnson Service Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 12th. Stockholders of record on Thursday, April 13th will be given a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date is Thursday, April 13th. This is a positive change from Johnson Service Group’s previous dividend of $0.80. This represents a dividend yield of 1.41%. Johnson Service Group’s dividend payout ratio (DPR) is 4,000.00%.

Insider Transactions at Johnson Service Group

In related news, insider Peter Egan bought 25,000 shares of Johnson Service Group stock in a transaction dated Tuesday, March 7th. The shares were acquired at an average cost of GBX 117 ($1.43) per share, with a total value of £29,250 ($35,648.99). Corporate insiders own 1.04% of the company’s stock.

About Johnson Service Group

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Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services.