Johnson Service Group (LON:JSG) Stock Passes Above 200-Day Moving Average of $128.29


Share on StockTwits

Johnson Service Group PLC (LON:JSG)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 128.29 ($1.68) and traded as high as GBX 155.40 ($2.03). Johnson Service Group shares last traded at GBX 153 ($2.00), with a volume of 1,614,678 shares.

Separately, Barclays restated an “overweight” rating and issued a GBX 175 ($2.29) target price on shares of Johnson Service Group in a report on Monday, March 22nd.

The company’s fifty day moving average price is GBX 155.56 and its 200-day moving average price is GBX 128.55. The stock has a market cap of £670.90 million and a P/E ratio of -23.18. The company has a debt-to-equity ratio of 16.52, a quick ratio of 0.56 and a current ratio of 0.59.

In related news, insider Jock Fyfe Lennox acquired 32,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 24th. The stock was bought at an average price of GBX 156 ($2.04) per share, for a total transaction of £49,920 ($65,220.80). Also, insider Yvonne Monaghan sold 7,157 shares of Johnson Service Group stock in a transaction dated Monday, March 29th. The shares were sold at an average price of GBX 155 ($2.03), for a total transaction of £11,093.35 ($14,493.53).

Johnson Service Group Company Profile (LON:JSG)

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

Recommended Story: How does a dividend reinvestment plan work?

Receive News & Ratings for Johnson Service Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Service Group and related companies with MarketBeat.com's FREE daily email newsletter.