James Fisher and Sons (LON:FSJ) Share Price Passes Above 200-Day Moving Average – Here’s Why

James Fisher and Sons plc (LON:FSJ)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 325.26 ($4.22) and traded as high as GBX 345 ($4.47). James Fisher and Sons shares last traded at GBX 343.50 ($4.45), with a volume of 6,189 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut shares of James Fisher and Sons to a “hold” rating and set a GBX 375 ($4.86) price objective on the stock. in a research note on Thursday, September 12th.

James Fisher and Sons Stock Performance

The business’s 50-day simple moving average is GBX 352.56 and its two-hundred day simple moving average is GBX 325.26. The company has a quick ratio of 1.12, a current ratio of 0.76 and a debt-to-equity ratio of 185.01. The firm has a market cap of £173.09 million, a price-to-earnings ratio of -354.12 and a beta of 0.64.

James Fisher and Sons Company Profile

James Fisher and Sons plc operates as an engineering services company worldwide. It operates through three segments: Energy, Defence, and Maritime Transport. It offers oil and gas solutions, such as decommissioning, digital twin, diving and remotely operated vehicle (ROV), heat suppression, hazardous area design and engineering, lifting and handling, marine, ship-to-ship transfer, and subsea services, as well as artificial lifts, compressors and breathing air systems, diving systems and equipment, offshore monitoring systems, and ROVs.