Serco Group plc (LON:SRP - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 178.90 ($2.34) and traded as high as GBX 181.30 ($2.37). Serco Group shares last traded at GBX 181.30 ($2.37), with a volume of 2,608,660 shares.
Wall Street Analysts Forecast Growth
SRP has been the subject of several research reports. Deutsche Bank Aktiengesellschaft upped their target price on Serco Group from GBX 200 ($2.61) to GBX 205 ($2.68) and gave the stock a "hold" rating in a report on Friday, June 28th. Shore Capital restated a "buy" rating on shares of Serco Group in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Serco Group in a report on Friday, August 30th.
Get Our Latest Research Report on Serco Group
Serco Group Stock Up 0.9 %
The company has a market cap of £1.87 billion, a PE ratio of 1,394.62, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The business has a fifty day simple moving average of GBX 175.09 and a two-hundred day simple moving average of GBX 178.91. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 77.78.
Serco Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, August 29th were given a dividend of GBX 1.34 ($0.02) per share. The ex-dividend date was Thursday, August 29th. This represents a dividend yield of 0.7%. Serco Group's payout ratio is currently 3,076.92%.
Serco Group Company Profile
(
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Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.
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