PageGroup (LON:PAGE) Hits New 1-Year Low - Time to Sell?

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 245.80 ($3.22) and last traded at GBX 251.20 ($3.29), with a volume of 2708902 shares changing hands. The stock had previously closed at GBX 256.80 ($3.36).

PageGroup Trading Up 3.5 %

The business has a 50-day simple moving average of GBX 313.51 and a 200-day simple moving average of GBX 337.95. The company has a market cap of £781.50 million, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35.

PageGroup (LON:PAGE - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported GBX 9.10 ($0.12) earnings per share for the quarter. PageGroup had a return on equity of 17.47% and a net margin of 2.71%. On average, analysts predict that PageGroup plc will post 23.5923567 EPS for the current fiscal year.

PageGroup Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Thursday, May 15th will be given a GBX 11.75 ($0.15) dividend. This represents a yield of 3.44%. The ex-dividend date of this dividend is Thursday, May 15th. This is a boost from PageGroup's previous dividend of $5.36. PageGroup's dividend payout ratio (DPR) is currently 105.21%.

Insider Transactions at PageGroup

In related news, insider Nick Kirk sold 29,749 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of GBX 336 ($4.40), for a total value of £99,956.64 ($130,781.94). Corporate insiders own 5.42% of the company's stock.

PageGroup Company Profile

PageGroup Changes Lives… That's our PageGroup Purpose, delivered by c. 8,500 people in 37 countries, with a gross profit of over £1,076.3mm in 2022. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines. As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.