RPS Group plc (LON:RPS) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 105.72 ($1.38) and traded as high as GBX 125 ($1.63). RPS Group shares last traded at GBX 124.60 ($1.63), with a volume of 1,776,678 shares traded.
Several brokerages have issued reports on RPS. Berenberg Bank upped their target price on RPS Group from GBX 110 ($1.44) to GBX 130 ($1.70) and gave the stock a “buy” rating in a research note on Wednesday, August 11th. Liberum Capital reissued a “buy” rating and set a GBX 140 ($1.83) price objective on shares of RPS Group in a research note on Thursday.
The company has a debt-to-equity ratio of 28.23, a current ratio of 0.86 and a quick ratio of 0.81. The stock has a market cap of £358.56 million and a PE ratio of 61.53. The business has a 50 day moving average price of GBX 115 and a two-hundred day moving average price of GBX 105.89.
In other news, insider John Douglas bought 100,000 shares of the company’s stock in a transaction on Thursday, August 26th. The shares were acquired at an average cost of GBX 105 ($1.37) per share, with a total value of £105,000 ($137,183.17).
RPS Group Company Profile (LON:RPS)
RPS Group Plc, a professional services firm, provides consultancy services in the United Kingdom, Australia, the United States, Norway, the Netherlands, Ireland, Canada, and internationally. It offers services in the areas of project and program management; design and development; water; environment; advisory and management consulting; exploration and development; planning and approvals; health, safety, and risk; oceans and coastal; laboratories; training and communication; and creative services.
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