FirstGroup (LON:FGP) Sets New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Shares of FirstGroup plc (LON:FGP – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 133 ($1.72) and last traded at GBX 133.90 ($1.74), with a volume of 277230 shares traded. The stock had previously closed at GBX 140.60 ($1.82).

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their target price on FirstGroup from GBX 195 ($2.53) to GBX 205 ($2.66) and gave the company a “buy” rating in a research report on Monday, July 8th.

Get Our Latest Stock Analysis on FirstGroup

FirstGroup Trading Down 6.1 %

The company has a market cap of £793.19 million, a PE ratio of -7,030.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The company’s 50 day simple moving average is GBX 148.73 and its two-hundred day simple moving average is GBX 160.57. The company has a debt-to-equity ratio of 256.40, a current ratio of 0.69 and a quick ratio of 0.74.

Insider Activity at FirstGroup

In other news, insider Graham Sutherland purchased 20,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were bought at an average cost of GBX 153 ($1.98) per share, for a total transaction of £30,600 ($39,683.57). In other FirstGroup news, insider Ryan Mangold sold 494,190 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of GBX 159 ($2.06), for a total value of £785,762.10 ($1,019,014.52). Also, insider Graham Sutherland acquired 20,000 shares of the stock in a transaction dated Monday, September 16th. The shares were bought at an average cost of GBX 153 ($1.98) per share, with a total value of £30,600 ($39,683.57). 3.64% of the stock is owned by insiders.

About FirstGroup

(Get Free Report)

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.

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