Go-Ahead Group (LON:GOG) Shares Cross Above 200 Day Moving Average of $1,995.04

Go-Ahead Group plc (LON:GOG) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1,995.04 and traded as high as $2,034.00. Go-Ahead Group shares last traded at $1,999.00, with a volume of 81,891 shares changing hands.

GOG has been the subject of a number of research reports. Jefferies Financial Group lifted their price target on shares of Go-Ahead Group from GBX 2,260 ($29.53) to GBX 2,290 ($29.92) and gave the company a “buy” rating in a research report on Thursday, June 6th. HSBC lifted their price target on shares of Go-Ahead Group from GBX 2,010 ($26.26) to GBX 2,100 ($27.44) and gave the company a “hold” rating in a research report on Tuesday, July 30th. Royal Bank of Canada lifted their price target on shares of Go-Ahead Group from GBX 1,950 ($25.48) to GBX 2,000 ($26.13) and gave the company a “sector performer” rating in a research report on Friday, June 7th. Finally, Liberum Capital reiterated a “hold” rating on shares of Go-Ahead Group in a research report on Friday, September 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,991.33 ($26.02).

The stock’s 50-day moving average price is GBX 2,087.14 and its 200-day moving average price is GBX 1,995.04. The company has a debt-to-equity ratio of 119.70, a quick ratio of 1.06 and a current ratio of 1.11. The company has a market capitalization of $862.71 million and a price-to-earnings ratio of 14.64.

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 71.91 ($0.94) per share. This represents a dividend yield of 3.26%. This is an increase from Go-Ahead Group’s previous dividend of $30.17. The ex-dividend date is Thursday, October 31st. Go-Ahead Group’s dividend payout ratio (DPR) is presently 0.75%.

In related news, insider Carolyn Ferguson purchased 94 shares of Go-Ahead Group stock in a transaction dated Friday, June 28th. The stock was bought at an average cost of GBX 1,911 ($24.97) per share, for a total transaction of £1,796.34 ($2,347.24). Over the last quarter, insiders have bought 108 shares of company stock valued at $209,153.

About Go-Ahead Group (LON:GOG)

The Go-Ahead Group plc provides bus and rail passenger transportation services in the United Kingdom and Singapore. It operates through three segments: Regional Bus, London Bus, and Rail. The company also offers rail replacement and other contracted services. It serves the department for transport, and transport for London.

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