PageGroup (LON:PAGE) Reaches New 52-Week Low - Time to Sell?

PageGroup plc (LON:PAGE - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 358.20 ($4.65) and last traded at GBX 361 ($4.69), with a volume of 56059 shares trading hands. The stock had previously closed at GBX 363.60 ($4.72).

Analyst Ratings Changes

A number of equities analysts recently weighed in on PAGE shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of PageGroup from GBX 600 ($7.79) to GBX 550 ($7.14) and set a "buy" rating for the company in a research report on Tuesday, July 9th. Jefferies Financial Group lowered their price target on PageGroup from GBX 480 ($6.23) to GBX 440 ($5.71) and set a "hold" rating for the company in a research report on Tuesday, July 16th.

PageGroup Price Performance

The company has a market capitalization of £1.19 billion, a PE ratio of 2,261.25, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. 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's 50 day simple moving average is GBX 379.88 and its 200-day simple moving average is GBX 419.29.

PageGroup Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 11th. Investors of record on Thursday, August 29th were issued a GBX 5.36 ($0.07) dividend. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend was Thursday, August 29th. PageGroup's dividend payout ratio (DPR) is currently 10,625.00%.

PageGroup Company Profile

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.