James Fisher and Sons (LON:FSJ) Sets New 52-Week High – Here’s Why

Shares of James Fisher and Sons plc (LON:FSJ) hit a new 52-week high during trading on Friday . The stock traded as high as GBX 550 and last traded at GBX 538, with a volume of 139082 shares changing hands. The stock had previously closed at GBX 516.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 615 price target on shares of James Fisher and Sons in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, James Fisher and Sons presently has an average rating of “Buy” and an average price target of GBX 572.50.

James Fisher and Sons Stock Performance

The company has a debt-to-equity ratio of 108.62, a quick ratio of 1.12 and a current ratio of 1.16. The stock has a fifty day simple moving average of GBX 443.55 and a two-hundred day simple moving average of GBX 398.59. The stock has a market capitalization of £271.51 million, a price-to-earnings ratio of 6.21 and a beta of 0.77.

James Fisher and Sons (LON:FSJ) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX 20.20 earnings per share for the quarter. James Fisher and Sons had a negative return on equity of 2.37% and a negative net margin of 1.12%. Analysts forecast that James Fisher and Sons plc will post 20 earnings per share for the current fiscal year.

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