PageGroup (LON:PAGE) Reaches New 12-Month Low on Analyst Downgrade

PageGroup plc (LON:PAGE)’s stock price reached a new 52-week low during trading on Wednesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 600 to GBX 550. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. PageGroup traded as low as GBX 360 ($4.61) and last traded at GBX 405.80 ($5.20), with a volume of 1382575 shares traded. The stock had previously closed at GBX 422.60 ($5.41).

PageGroup Price Performance

The company has a quick ratio of 1.77, a current ratio of 1.64 and a debt-to-equity ratio of 36.20. The firm has a market capitalization of £1.38 billion, a PE ratio of 1,769.17, a PEG ratio of 0.98 and a beta of 1.13. The firm’s fifty day simple moving average is GBX 448.09 and its 200-day simple moving average is GBX 453.56.

About PageGroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.