Johnson Service Group (LON:JSG) Sets New 1-Year High at $153.77

Johnson Service Group PLC (LON:JSG) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 153.77 ($1.93) and last traded at GBX 153.77 ($1.93), with a volume of 122972 shares traded. The stock had previously closed at GBX 149.40 ($1.88).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their target price on Johnson Service Group from GBX 170 ($2.14) to GBX 185 ($2.32) and gave the stock a “buy” rating in a report on Wednesday, May 1st.

Johnson Service Group Stock Performance

The company has a quick ratio of 0.80, a current ratio of 0.88 and a debt-to-equity ratio of 41.03. The stock has a market cap of £636.55 million, a P/E ratio of 2,490.00, a price-to-earnings-growth ratio of 10.18 and a beta of 1.65. The firm’s 50-day moving average is GBX 130.42 and its two-hundred day moving average is GBX 134.83.

Johnson Service Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, April 11th will be paid a GBX 1.90 ($0.02) dividend. The ex-dividend date is Thursday, April 11th. This is a positive change from Johnson Service Group’s previous dividend of $0.90. This represents a dividend yield of 1.34%. Johnson Service Group’s payout ratio is presently 5,000.00%.

Insider Buying and Selling

In other Johnson Service Group news, insider Peter Egan purchased 65,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was purchased at an average price of GBX 137 ($1.72) per share, with a total value of £89,050 ($111,871.86). 1.83% of the stock is currently owned by insiders.

About Johnson Service Group

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom and Ireland. It operates in two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment offers workwear and protective wear rental; and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundry services.