Shore Capital Reaffirms Buy Rating for Serco Group (LON:SRP)

Serco Group (LON:SRP)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a report released on Thursday, Digital Look reports.

Serco Group Trading Up 4.1 %

SRP stock opened at GBX 179.80 ($2.28) on Thursday. The company has a current ratio of 0.87, a quick ratio of 0.98 and a debt-to-equity ratio of 63.84. The firm has a market cap of £1.92 billion, a P/E ratio of 1,000.00, a P/E/G ratio of 3.06 and a beta of 0.39. Serco Group has a 1-year low of GBX 137.80 ($1.75) and a 1-year high of GBX 193.10 ($2.45). The business’s 50 day moving average is GBX 178.47 and its 200-day moving average is GBX 176.71.

Insider Buying and Selling

In other Serco Group news, insider Nigel Crossley sold 212,403 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of GBX 186 ($2.36), for a total value of £395,069.58 ($501,166.54). 1.98% of the stock is currently owned by corporate insiders.

Serco Group Company Profile

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.