PageGroup (LON:PAGE) Stock Crosses Below Fifty Day Moving Average of $454.63

PageGroup plc (LON:PAGE)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 454.63 ($5.66) and traded as low as GBX 433.40 ($5.40). PageGroup shares last traded at GBX 438 ($5.45), with a volume of 708,678 shares traded.

PageGroup Stock Performance

The firm has a fifty day simple moving average of GBX 454.21 and a 200-day simple moving average of GBX 446.37. The company has a current ratio of 1.64, a quick ratio of 1.77 and a debt-to-equity ratio of 36.20. The stock has a market cap of £1.46 billion, a price-to-earnings ratio of 1,386.25, a P/E/G ratio of 0.98 and a beta of 1.15.

PageGroup Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 16th will be issued a dividend of GBX 11.24 ($0.14) per share. This represents a yield of 2.46%. The ex-dividend date is Thursday, May 16th. PageGroup’s dividend payout ratio is 5,000.00%.

Insiders Place Their Bets

In other news, insider Nick Kirk sold 36,019 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of GBX 448 ($5.58), for a total value of £161,365.12 ($200,877.78). Company insiders own 4.72% of the company’s stock.

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.