FirstGroup (LON:FGP) Reaches New 1-Year Low - Time to Sell?

FirstGroup plc (LON:FGP - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 139.40 ($1.86) and last traded at GBX 140 ($1.87), with a volume of 26292 shares. The stock had previously closed at GBX 140.60 ($1.88).

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Royal Bank of Canada restated an "outperform" rating and set a GBX 200 ($2.68) price objective on shares of FirstGroup in a research report on Wednesday, June 12th. Berenberg Bank lifted their price target on FirstGroup from GBX 195 ($2.61) to GBX 205 ($2.74) and gave the company a "buy" rating in a report on Monday, July 8th.

FirstGroup Trading Down 1.0 %

The firm has a market capitalization of £836.45 million, a price-to-earnings ratio of -6,960.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 256.40. The company has a fifty day moving average price of GBX 157.82 and a 200-day moving average price of GBX 165.61.

Insider Activity

In other news, insider Graham Sutherland purchased 20,000 shares of FirstGroup stock in a transaction dated Monday, September 16th. The stock was acquired at an average cost of GBX 153 ($2.05) per share, for a total transaction of £30,600 ($40,930.98). In related news, insider Graham Sutherland bought 20,000 shares of FirstGroup stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average cost of GBX 153 ($2.05) per share, for a total transaction of £30,600 ($40,930.98). Also, insider Ryan Mangold sold 494,190 shares of the business's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of GBX 159 ($2.13), for a total value of £785,762.10 ($1,051,046.15). 3.64% of the stock is owned by corporate insiders.

About FirstGroup

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.