PageGroup (LON:PAGE) Stock Crosses Below 50-Day Moving Average – Should You Sell?

PageGroup plc (LON:PAGE)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 217.20 and traded as low as GBX 200.20. PageGroup shares last traded at GBX 202.48, with a volume of 1,708,256 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of PageGroup from GBX 450 to GBX 400 and set a “buy” rating for the company in a research note on Monday, December 1st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 327.50.

PageGroup Trading Up 0.3%

The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35. The firm has a market capitalization of £634.43 million, a PE ratio of 54.72, a P/E/G ratio of 0.98 and a beta of 1.11. The business’s fifty day moving average price is GBX 217.20 and its 200 day moving average price is GBX 232.57.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.