PageGroup (LON:PAGE) Sets New 52-Week Low – Here’s Why

Shares of PageGroup plc (LON:PAGE) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 330.80 ($4.09) and last traded at GBX 332 ($4.10), with a volume of 52297 shares trading hands. The stock had previously closed at GBX 341.60 ($4.22).

PageGroup Price Performance

The firm has a 50 day moving average price of GBX 353.74 and a 200 day moving average price of GBX 381.02. The stock has a market capitalization of £1.06 billion, a PE ratio of 2,007.50, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The company has a current ratio of 1.60, a quick ratio of 1.77 and a debt-to-equity ratio of 40.35.

Insiders Place Their Bets

In other news, insider Karen Geary acquired 3,250 shares of PageGroup stock in a transaction dated Thursday, October 31st. The stock was purchased at an average cost of GBX 357 ($4.41) per share, with a total value of £11,602.50 ($14,341.78). Company insiders own 5.42% of the company’s stock.

PageGroup Company Profile

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.