Serco Group plc (LON:SRP – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 166.40 ($2.07) and traded as high as GBX 180.30 ($2.24). Serco Group shares last traded at GBX 178.10 ($2.22), with a volume of 1,784,201 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a “buy” rating on shares of Serco Group in a report on Monday, February 26th.
Check Out Our Latest Report on Serco Group
Serco Group Trading Down 0.1 %
Serco Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 18th will be issued a dividend of GBX 2.27 ($0.03) per share. The ex-dividend date is Thursday, April 18th. This represents a yield of 1.27%. This is a positive change from Serco Group’s previous dividend of $1.14. Serco Group’s dividend payout ratio is currently 1,666.67%.
Insider Buying and Selling at Serco Group
In other news, insider Nigel Crossley sold 212,403 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 186 ($2.32), for a total transaction of £395,069.58 ($491,808.27). Corporate insiders own 2.00% of the company’s stock.
About Serco Group
Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.
See Also
- Five stocks we like better than Serco Group
- Best Aerospace Stocks Investing
- Comprehensive PepsiCo Stock Analysis
- What Are Dividend Champions? How to Invest in the Champions
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- 3 Steel Stocks Could Soar on New China Tariffs
Receive News & Ratings for Serco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serco Group and related companies with MarketBeat.com's FREE daily email newsletter.