PageGroup (LON:PAGE) Hits New 52-Week Low – Should You Sell?

PageGroup plc (LON:PAGE)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 342.80 ($4.36) and last traded at GBX 343 ($4.36), with a volume of 488710 shares changing hands. The stock had previously closed at GBX 345 ($4.39).

PageGroup Price Performance

The firm has a 50-day simple moving average of GBX 362.62 and a 200 day simple moving average of GBX 392.81. The firm has a market cap of £1.13 billion, a PE ratio of 2,157.50, a price-to-earnings-growth ratio of 0.98 and a beta of 1.11. The company has a debt-to-equity ratio of 40.35, a current ratio of 1.60 and a quick ratio of 1.77.

Insiders Place Their Bets

In other news, insider Karen Geary purchased 3,250 shares of PageGroup stock in a transaction that occurred on Thursday, October 31st. The stock was bought at an average price of GBX 357 ($4.54) per share, with a total value of £11,602.50 ($14,750.19). Corporate insiders own 5.42% of the company’s stock.

About PageGroup

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.