PageGroup (LON:PAGE) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Shares of PageGroup plc (LON:PAGE) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 324.96 ($4.21) and traded as low as GBX 318 ($4.12). PageGroup shares last traded at GBX 326.20 ($4.22), with a volume of 8,713,833 shares changing hands.

PageGroup Price Performance

The company has a debt-to-equity ratio of 40.35, a current ratio of 1.60 and a quick ratio of 1.77. The stock has a fifty day simple moving average of GBX 324.96 and a 200-day simple moving average of GBX 347.49. The company has a market capitalization of £1.02 billion, a price-to-earnings ratio of 20.19, a P/E/G ratio of 0.98 and a beta of 1.11.

PageGroup (LON:PAGE) last posted its earnings results on Thursday, March 6th. The company reported GBX 9.10 ($0.12) earnings per share (EPS) for the quarter. PageGroup had a net margin of 2.71% and a return on equity of 17.47%. On average, equities research analysts anticipate that PageGroup plc will post 23.5923567 EPS for the current year.

PageGroup Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 11.75 ($0.15) per share. The ex-dividend date of this dividend is Thursday, May 15th. This is a boost from PageGroup’s previous dividend of $5.36. This represents a dividend yield of 3.44%. PageGroup’s dividend payout ratio (DPR) is 105.21%.

Insider Buying and Selling

In related news, insider Nick Kirk sold 29,749 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 336 ($4.35), for a total value of £99,956.64 ($129,410.46). 5.42% of the stock is currently owned by insiders.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c. 8,500 people in 37 countries, with a gross profit of over £1,076.3mm in 2022. 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.