Shares of RS Group plc (LON:RS1 - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 566 ($7.30) and last traded at GBX 569.50 ($7.35), with a volume of 82288 shares. The stock had previously closed at GBX 575 ($7.42).
Wall Street Analysts Forecast Growth
RS1 has been the subject of a number of research reports. Shore Capital upgraded RS Group to a "buy" rating in a research note on Tuesday, January 28th. JPMorgan Chase & Co. raised their price objective on shares of RS Group from GBX 770 ($9.93) to GBX 780 ($10.06) and gave the company a "neutral" rating in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 840 ($10.84).
View Our Latest Research Report on RS1
RS Group Price Performance
The company has a market capitalization of £2.41 billion, a price-to-earnings ratio of 13.19, a PEG ratio of 1.85 and a beta of 0.86. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.26. The company has a 50 day moving average price of GBX 616.87 and a 200 day moving average price of GBX 685.28.
Insider Activity at RS Group
In other RS Group news, insider Miles Roberts acquired 7,860 shares of the business's stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average cost of GBX 578 ($7.46) per share, for a total transaction of £45,430.80 ($58,605.26). Also, insider Kate Ringrose bought 6,880 shares of the stock in a transaction on Tuesday, March 25th. The shares were acquired at an average cost of GBX 578 ($7.46) per share, with a total value of £39,766.40 ($51,298.25). 0.52% of the stock is owned by company insiders.
About RS Group
(
Get Free Report)
RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.
We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.
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