FirstGroup plc (LON:FGP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 155.09 ($1.90) and traded as high as GBX 160.60 ($1.97). FirstGroup shares last traded at GBX 157.50 ($1.93), with a volume of 768,971 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 205 ($2.51) price target on shares of FirstGroup in a research note on Monday, December 9th.
View Our Latest Stock Report on FGP
FirstGroup Stock Up 3.6 %
The company has a debt-to-equity ratio of 256.40, a quick ratio of 0.74 and a current ratio of 0.69. The firm has a market capitalization of £975.14 million, a P/E ratio of -8,114.00, a P/E/G ratio of 5.21 and a beta of 1.59. The stock has a fifty day moving average price of GBX 155.34 and a two-hundred day moving average price of GBX 155.09.
FirstGroup Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 28th were paid a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a yield of 1.24%. FirstGroup's payout ratio is -30,000.00%.
About FirstGroup
(
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FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.
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