PageGroup (LON:PAGE) Hits New 12-Month Low – Should You Sell?

PageGroup plc (LON:PAGE) shares hit a new 52-week low on Friday . The company traded as low as GBX 358.20 ($4.65) and last traded at GBX 361 ($4.69), with a volume of 56059 shares traded. The stock had previously closed at GBX 363.60 ($4.72).

Analyst Ratings Changes

A number of research firms have recently weighed in on PAGE. Deutsche Bank Aktiengesellschaft cut their price target on PageGroup from GBX 600 ($7.79) to GBX 550 ($7.14) and set a “buy” rating for the company in a report on Tuesday, July 9th. Jefferies Financial Group decreased their price target on shares of PageGroup from GBX 480 ($6.23) to GBX 440 ($5.71) and set a “hold” rating on the stock in a research note on Tuesday, July 16th.

PageGroup Stock Performance

The stock’s 50 day simple moving average is GBX 380.62 and its two-hundred day simple moving average is GBX 419.70. The company has a market cap of £1.19 billion, a PE ratio of 2,272.50, a P/E/G ratio of 0.98 and a beta of 1.11. The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35.

PageGroup Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, August 29th were given a dividend of GBX 5.36 ($0.07) per share. This represents a yield of 1.32%. The ex-dividend date was Thursday, August 29th. PageGroup’s dividend payout ratio (DPR) is presently 10,625.00%.

PageGroup Company Profile

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.