PageGroup (LON:PAGE) Sets New 1-Year Low – Here’s Why

PageGroup plc (LON:PAGEGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 245.80 ($3.14) and last traded at GBX 251.20 ($3.21), with a volume of 2708902 shares traded. The stock had previously closed at GBX 256.80 ($3.28).

PageGroup Stock Down 1.3 %

The company has a debt-to-equity ratio of 40.35, a current ratio of 1.60 and a quick ratio of 1.77. The firm has a market capitalization of £794.04 million, a P/E ratio of 15.68, a PEG ratio of 0.98 and a beta of 1.11. The firm’s fifty day moving average price is GBX 319.51 and its 200-day moving average price is GBX 341.13.

PageGroup (LON:PAGEGet Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported GBX 9.10 ($0.12) earnings per share (EPS) for the quarter. PageGroup had a return on equity of 17.47% and a net margin of 2.71%. As a group, equities research analysts forecast that PageGroup plc will post 23.5923567 earnings per share for the current year.

PageGroup Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 23rd. Investors of record on Thursday, May 15th will be issued a dividend of GBX 11.75 ($0.15) per share. This is a positive change from PageGroup’s previous dividend of $5.36. This represents a yield of 3.44%. The ex-dividend date is Thursday, May 15th. PageGroup’s payout ratio is presently 105.21%.

Insider Buying and Selling at PageGroup

In other PageGroup news, insider Nick Kirk sold 29,749 shares of PageGroup stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of GBX 336 ($4.29), for a total value of £99,956.64 ($127,723.79). 5.42% of the stock is owned by corporate insiders.

PageGroup Company Profile

(Get Free Report)

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c. 8,500 people in 37 countries, with a gross profit of over £1,076.3mm in 2022. Our four core ?PageGroup brands?are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.

Further Reading

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