FirstGroup plc (LON:FGP) Insider Ryan Mangold Acquires 93 Shares

FirstGroup plc (LON:FGP) insider Ryan Mangold purchased 93 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average price of GBX 162 ($2.04) per share, for a total transaction of £150.66 ($190.16).

FirstGroup Trading Up 0.3 %

Shares of FirstGroup stock opened at GBX 166.40 ($2.10) on Friday. The company has a market capitalization of £999.90 million, a P/E ratio of -8,320.00, a PEG ratio of 5.21 and a beta of 1.59. The company’s fifty day moving average is GBX 143.85 and its two-hundred day moving average is GBX 155.22. The company has a debt-to-equity ratio of 256.40, a quick ratio of 0.74 and a current ratio of 0.69. FirstGroup plc has a 1 year low of GBX 128.60 ($1.62) and a 1 year high of GBX 189 ($2.39).

FirstGroup Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, November 28th will be given a GBX 1.70 ($0.02) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 1.24%. FirstGroup’s payout ratio is currently -30,000.00%.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 205 ($2.59) price objective on shares of FirstGroup in a research report on Monday, December 9th.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.