Insider Buying: FirstGroup plc (LON:FGP) Insider Purchases £149.85 in Stock

FirstGroup plc (LON:FGP) insider Ryan Mangold purchased 81 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of GBX 185 ($2.46) per share, with a total value of £149.85 ($199.27).

FirstGroup Trading Up 0.7%

Shares of FGP stock opened at GBX 187.18 ($2.49) on Monday. FirstGroup plc has a 52-week low of GBX 128.60 ($1.71) and a 52-week high of GBX 192.40 ($2.56). The company has a debt-to-equity ratio of 257.49, a quick ratio of 0.74 and a current ratio of 0.69. The firm has a market capitalization of £1.10 billion, a PE ratio of -87.46, a PEG ratio of 5.21 and a beta of 1.59. The stock has a fifty day simple moving average of GBX 168.46 and a two-hundred day simple moving average of GBX 161.81.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 215 ($2.86) price target on shares of FirstGroup in a research note on Tuesday, April 22nd.

About FirstGroup

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.