PageGroup (OTCMKTS:MPGPF) Sets New 1-Year Low – What’s Next?

Shares of PageGroup plc (OTCMKTS:MPGPF) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $4.00 and last traded at $4.00, with a volume of 100 shares. The stock had previously closed at $5.02.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MPGPF. BNP Paribas cut shares of PageGroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 16th. Hsbc Global Res upgraded PageGroup to a “strong-buy” rating in a report on Thursday, October 10th. Two analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.

PageGroup Stock Down 17.9 %

The stock’s fifty day simple moving average is $5.00 and its 200 day simple moving average is $5.15.

PageGroup Company Profile

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; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.