PageGroup (LON:PAGE) Stock Crosses Below 50 Day Moving Average – Here’s Why

PageGroup plc (LON:PAGE) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 359.52 ($4.51) and traded as low as GBX 342.40 ($4.29). PageGroup shares last traded at GBX 346.60 ($4.35), with a volume of 79,933 shares traded.

PageGroup Price Performance

The stock has a market capitalization of £1.14 billion, a P/E ratio of 2,166.25, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The company has a debt-to-equity ratio of 40.35, a current ratio of 1.60 and a quick ratio of 1.77. The company’s 50-day simple moving average is GBX 359.52 and its 200-day simple moving average is GBX 388.67.

Insider Activity

In other PageGroup news, insider Karen Geary purchased 3,250 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was purchased at an average price of GBX 357 ($4.48) per share, with a total value of £11,602.50 ($14,552.24). 5.42% of the stock is currently owned by company insiders.

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.