Serco Group plc (LON:SRP - Get Free Report) insider Nigel Crossley sold 45,409 shares of Serco Group stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 157 ($2.03), for a total value of £71,292.13 ($92,168.24).
Serco Group Stock Performance
LON SRP traded up GBX 1.26 ($0.02) on Wednesday, hitting GBX 161.46 ($2.09). 2,249,281 shares of the company traded hands, compared to its average volume of 10,374,066. The business's 50 day moving average price is GBX 158.56 and its 200-day moving average price is GBX 161.54. Serco Group plc has a 52-week low of GBX 136.20 ($1.76) and a 52-week high of GBX 196.40 ($2.54). 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 £1.64 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 3.06 and a beta of 0.38.
Serco Group (LON:SRP - Get Free Report) last posted 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%. Equities analysts expect that Serco Group plc will post 17.552759 earnings per share for the current year.
Serco Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share. This represents a dividend yield of 1.77%. This is an increase from Serco Group's previous dividend of $1.34. The ex-dividend date of this dividend is Thursday, April 10th. Serco Group's dividend payout ratio (DPR) is presently 31.16%.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a "hold" rating on shares of Serco Group in a report on Friday, February 7th.
Check Out Our Latest Report on Serco Group
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