Johnson Service Group (LON:JSG) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Johnson Service Group PLC (LON:JSG)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 151.22 ($1.85) and traded as low as GBX 121 ($1.48). Johnson Service Group shares last traded at GBX 126.20 ($1.54), with a volume of 1,095,938 shares traded.

Johnson Service Group Stock Performance

The stock has a market capitalization of £523.10 million, a P/E ratio of 1,802.86, a price-to-earnings-growth ratio of 10.18 and a beta of 1.80. The company has a current ratio of 1.00, a quick ratio of 0.80 and a debt-to-equity ratio of 44.23. The company has a 50-day moving average price of GBX 139.63 and a two-hundred day moving average price of GBX 151.22.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.