Serco Group (LON:SRP) Sets New 12-Month Low - Time to Sell?

Serco Group plc (LON:SRP - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 144.40 ($1.84) and last traded at GBX 144.70 ($1.85), with a volume of 3984580 shares trading hands. The stock had previously closed at GBX 145.70 ($1.86).

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SRP. Shore Capital downgraded Serco Group to a "hold" rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Serco Group in a research note on Friday, August 30th.

Serco Group Price Performance

The stock's 50-day moving average is GBX 167.52 and its 200 day moving average is GBX 173.73. The company has a debt-to-equity ratio of 77.78, a quick ratio of 0.98 and a current ratio of 0.91. The stock has a market capitalization of £1.47 billion, a PE ratio of 1,107.82, a P/E/G ratio of 3.06 and a beta of 0.38.

Serco Group Company Profile

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.