Serco Group (LON:SRP) Stock Rating Reaffirmed by Shore Capital

Serco Group (LON:SRP)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research report issued on Thursday, Digital Look reports.

Serco Group Trading Up 4.1 %

Shares of SRP opened at GBX 179.80 ($2.28) on Thursday. Serco Group has a twelve month low of GBX 137.80 ($1.75) and a twelve month high of GBX 193.10 ($2.45). The firm has a market capitalization of £1.92 billion, a P/E ratio of 1,000.00, a price-to-earnings-growth ratio of 3.06 and a beta of 0.39. The company has a current ratio of 0.87, a quick ratio of 0.98 and a debt-to-equity ratio of 63.84. The stock’s fifty day simple moving average is GBX 178.47 and its 200 day simple moving average is GBX 176.71.

Insider Transactions at Serco Group

In other news, insider Nigel Crossley bought 7,939 shares of the firm’s stock in a transaction dated Monday, May 13th. The stock was acquired at an average price of GBX 185 ($2.35) per share, for a total transaction of £14,687.15 ($18,631.42). Company insiders own 1.98% of the company’s stock.

About Serco Group

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.