Free Trial

Serco Group (LON:SRP) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Serco Group logo with Industrials background
Remove Ads

Serco Group plc (LON:SRP - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 163.37 ($2.11) and traded as high as GBX 167.10 ($2.16). Serco Group shares last traded at GBX 166.20 ($2.15), with a volume of 1,094,605 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of Serco Group in a research report on Friday, February 7th.

Check Out Our Latest Stock Report on Serco Group

Serco Group Stock Down 0.7 %

The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The company has a market capitalization of £1.65 billion, a PE ratio of 12.71, a PEG ratio of 3.06 and a beta of 0.38. The company's 50 day moving average is GBX 156.16 and its two-hundred day moving average is GBX 163.28.

Serco Group (LON:SRP - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. On average, analysts anticipate that Serco Group plc will post 17.552759 earnings per share for the current year.

Serco Group Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Serco Group Right Now?

Before you consider Serco Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Serco Group wasn't on the list.

While Serco Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads