PageGroup (LON:PAGE) Stock Price Crosses Below Fifty Day Moving Average of $409.23

Shares of PageGroup plc (LON:PAGE) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 409.23 ($5.38) and traded as low as GBX 371.80 ($4.89). PageGroup shares last traded at GBX 371.80 ($4.89), with a volume of 743,546 shares traded.

Analyst Ratings Changes

A number of brokerages recently issued reports on PAGE. Jefferies Financial Group lowered their price target on PageGroup from GBX 480 ($6.31) to GBX 440 ($5.79) and set a “hold” rating for the company in a report on Tuesday, July 16th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of PageGroup from GBX 600 ($7.89) to GBX 550 ($7.23) and set a “buy” rating on the stock in a report on Tuesday, July 9th.

PageGroup Stock Performance

The company has a current ratio of 1.60, a quick ratio of 1.77 and a debt-to-equity ratio of 40.35. The stock has a market capitalization of £1.20 billion, a PE ratio of 2,272.50, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The firm’s fifty day moving average is GBX 406.81 and its 200-day moving average is GBX 437.46.

PageGroup Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, August 29th will be paid a GBX 5.36 ($0.07) dividend. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, August 29th. PageGroup’s payout ratio is 10,625.00%.

PageGroup Company Profile

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. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis 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.