PageGroup (LON:PAGE) Sets New 1-Year Low - What's Next?

PageGroup plc (LON:PAGE - Get Free Report)'s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 349 ($4.49) and last traded at GBX 351 ($4.52), with a volume of 225868 shares traded. The stock had previously closed at GBX 366 ($4.71).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut their target price on shares of PageGroup from GBX 480 ($6.18) to GBX 440 ($5.66) and set a "hold" rating on the stock in a research note on Tuesday, July 16th.

PageGroup Stock Performance

The stock has a fifty day simple moving average of GBX 371.66 and a 200-day simple moving average of GBX 411.08. The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35. The company has a market capitalization of £1.18 billion, a P/E ratio of 2,187.50, a PEG ratio of 0.98 and a beta of 1.11.

Insider Buying and Selling at PageGroup

In other PageGroup news, insider Karen Geary acquired 3,250 shares of the company's stock in a transaction on Thursday, October 31st. The shares were purchased at an average price of GBX 357 ($4.59) per share, for a total transaction of £11,602.50 ($14,930.51). Corporate insiders own 5.42% of the company's stock.

About PageGroup

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.