Serco Group plc (LON:SRP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 159.84 ($2.15) and traded as high as GBX 165.20 ($2.22). Serco Group shares last traded at GBX 165.20 ($2.22), with a volume of 1,387,191 shares traded.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "hold" rating on shares of Serco Group in a research report on Friday, February 7th.
Read Our Latest Research Report on SRP
Serco Group Price Performance
The business's 50-day simple moving average is GBX 160.65 and its 200 day simple moving average is GBX 159.43. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40. The company has a market capitalization of £1.73 billion, a P/E ratio of 13.30, a P/E/G ratio of 3.06 and a beta of 0.38.
Serco Group (LON:SRP - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share (EPS) for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. As a group, sell-side analysts anticipate that Serco Group plc will post 17.552759 EPS for the current year.
Serco Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be given a GBX 2.82 ($0.04) dividend. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Serco Group's previous dividend of $1.34. Serco Group's dividend payout ratio (DPR) is 31.16%.
Insider Activity
In other Serco Group news, insider Nigel Crossley sold 192,646 shares of the business's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 153 ($2.06), for a total value of £294,748.38 ($396,007.50). 1.67% of the stock is owned by corporate insiders.
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