James Fisher and Sons (LON:FSJ) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of James Fisher and Sons plc (LON:FSJ) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 467.86 and traded as low as GBX 416. James Fisher and Sons shares last traded at GBX 416, with a volume of 14,949 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently commented on FSJ shares. Berenberg Bank cut their price objective on James Fisher and Sons from GBX 850 to GBX 835 and set a “buy” rating on the stock in a research note on Tuesday, September 8th. Canaccord Genuity Group restated a “buy” rating and set a GBX 575 price target on shares of James Fisher and Sons in a report on Tuesday, September 22nd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, James Fisher and Sons has a consensus rating of “Buy” and an average target price of GBX 705.

James Fisher and Sons Stock Up 0.7%

The firm has a 50 day moving average of GBX 447.16 and a 200 day moving average of GBX 466.97. The firm has a market cap of £209.51 million, a price-to-earnings ratio of -47.70 and a beta of 0.79. The company has a quick ratio of 1.12, a current ratio of 1.15 and a debt-to-equity ratio of 142.42.

James Fisher and Sons (LON:FSJ) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 6.50 earnings per share (EPS) for the quarter. James Fisher and Sons had a negative return on equity of 1.54% and a negative net margin of 0.73%. As a group, sell-side analysts predict that James Fisher and Sons plc will post 20 earnings per share for the current year.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com