Serco Group (LON:SRP) Hits New 12-Month Low – Should You Sell?

Shares of Serco Group plc (LON:SRP) reached a new 52-week low on Wednesday . The stock traded as low as GBX 136.20 ($1.70) and last traded at GBX 137.40 ($1.72), with a volume of 5256326 shares trading hands. The stock had previously closed at GBX 140.70 ($1.76).

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SRP. Shore Capital cut shares of Serco Group to a “hold” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Serco Group in a research note on Friday, August 30th.

Serco Group Stock Up 0.7 %

The firm has a market cap of £1.56 billion, a price-to-earnings ratio of 1,165.38, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The stock has a 50-day moving average of GBX 163.78 and a 200-day moving average of GBX 172.39. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 77.78.

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.