FirstGroup (LON:FGP) Hits New 52-Week Low - What's Next?

Shares of FirstGroup plc (LON:FGP - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 133 ($1.72) and last traded at GBX 133.90 ($1.74), with a volume of 277230 shares changing hands. The stock had previously closed at GBX 140.60 ($1.82).

Analyst Ratings Changes

Separately, Berenberg Bank lifted their target price on shares of FirstGroup from GBX 195 ($2.53) to GBX 205 ($2.66) and gave the company a "buy" rating in a report on Monday, July 8th.

FirstGroup Stock Performance

The company has a market capitalization of £790.18 million, a PE ratio of -6,575.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The business's fifty day moving average is GBX 148.73 and its two-hundred day moving average is GBX 160.57. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 256.40.

Insider Buying and Selling

In related news, insider Graham Sutherland bought 20,000 shares of the business's stock in a transaction on Monday, September 16th. The stock was acquired at an average price of GBX 153 ($1.98) per share, with a total value of £30,600 ($39,683.57). In other FirstGroup news, insider Ryan Mangold sold 494,190 shares of FirstGroup stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of GBX 159 ($2.06), for a total value of £785,762.10 ($1,019,014.52). Also, insider Graham Sutherland acquired 20,000 shares of the business's stock in a transaction dated Monday, September 16th. The shares were acquired at an average cost of GBX 153 ($1.98) per share, with a total value of £30,600 ($39,683.57). 3.64% of the stock is owned by company insiders.

FirstGroup Company Profile

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.