FirstGroup (LON:FGP) Sets New 12-Month Low – Should You Sell?

FirstGroup plc (LON:FGP) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 133 ($1.72) and last traded at GBX 133.90 ($1.74), with a volume of 277230 shares. The stock had previously closed at GBX 140.60 ($1.82).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their target price on shares of FirstGroup from GBX 195 ($2.53) to GBX 205 ($2.66) and gave the company a “buy” rating in a research report on Monday, July 8th.

FirstGroup Trading Down 0.5 %

The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 256.40. The company has a fifty day moving average price of GBX 147.60 and a two-hundred day moving average price of GBX 159.98. The firm has a market capitalization of £808.21 million, a price-to-earnings ratio of -6,765.00, a PEG ratio of 5.21 and a beta of 1.59.

Insider Buying and Selling

In related news, insider Graham Sutherland bought 20,000 shares of the company’s stock in a transaction on Monday, September 16th. The stock was bought at an average cost of GBX 153 ($1.98) per share, for a total transaction of £30,600 ($39,683.57). In other news, insider Graham Sutherland bought 20,000 shares of FirstGroup stock in a transaction on Monday, September 16th. The shares were bought at an average cost of GBX 153 ($1.98) per share, with a total value of £30,600 ($39,683.57). Also, insider Ryan Mangold sold 494,190 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of GBX 159 ($2.06), for a total transaction of £785,762.10 ($1,019,014.52). 3.64% of the stock is currently owned by company insiders.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.