FirstGroup (OTCMKTS:FGROY) Trading Up 17.2% – Should You Buy?

Shares of FirstGroup plc (OTCMKTS:FGROYGet Free Report) shot up 17.2% during trading on Thursday . The company traded as high as $2.35 and last traded at $2.34. 1,117 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 719 shares. The stock had previously closed at $2.00.

FirstGroup Price Performance

The business’s 50-day simple moving average is $2.24 and its two-hundred day simple moving average is $2.02. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.70 and a quick ratio of 0.68.

About FirstGroup

(Get Free Report)

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 4,800 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, and Avanti West Coast franchises; and hull trains and Lumos.

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