FirstGroup (LON:FGP) Reaches New 1-Year Low - Should You Sell?

FirstGroup plc (LON:FGP - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 128.60 ($1.67) and last traded at GBX 135 ($1.75), with a volume of 642801 shares. The stock had previously closed at GBX 135.20 ($1.75).

Analyst Ratings Changes

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

FirstGroup Stock Performance

The firm's fifty day simple moving average is GBX 146.10 and its 200 day simple moving average is GBX 159.21. The company has a market capitalization of £811.22 million, a PE ratio of -6,750.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The company has a debt-to-equity ratio of 256.40, a current ratio of 0.69 and a quick ratio of 0.74.

Insider Activity at FirstGroup

In other FirstGroup news, insider Ryan Mangold sold 494,190 shares of the company's stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of GBX 159 ($2.06), for a total transaction of £785,762.10 ($1,019,014.52). In related news, insider Ryan Mangold sold 494,190 shares of FirstGroup stock in a transaction dated Wednesday, August 7th. The stock was 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 bought 20,000 shares of FirstGroup stock in a transaction on Monday, September 16th. The shares were purchased 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.