National Express Group (LON:NEX) Share Price Crosses Above Two Hundred Day Moving Average of $411.39

National Express Group PLC (LON:NEX)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $411.39 and traded as high as $442.60. National Express Group shares last traded at $434.20, with a volume of 344,232 shares traded.

NEX has been the topic of a number of research reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of National Express Group in a report on Wednesday, May 15th. Royal Bank of Canada restated a “top pick” rating and issued a GBX 500 ($6.53) price target on shares of National Express Group in a research report on Friday, August 9th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of National Express Group in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. National Express Group currently has a consensus rating of “Buy” and a consensus target price of GBX 465 ($6.08).

The company has a fifty day simple moving average of GBX 423.92 and a 200 day simple moving average of GBX 411.39. The stock has a market capitalization of $2.22 billion and a price-to-earnings ratio of 15.79. The company has a debt-to-equity ratio of 132.85, a quick ratio of 0.41 and a current ratio of 0.46.

The business also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 29th will be paid a GBX 5.16 ($0.07) dividend. The ex-dividend date is Thursday, August 29th. This represents a dividend yield of 1.18%. National Express Group’s payout ratio is 0.55%.

In other news, insider Matthew Ashley sold 5,048 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of GBX 436 ($5.70), for a total value of £22,009.28 ($28,759.02). Also, insider Dean K. Finch purchased 19,200 shares of the company’s stock in a transaction dated Wednesday, June 19th. The stock was purchased at an average price of GBX 390 ($5.10) per share, for a total transaction of £74,880 ($97,843.98).

National Express Group Company Profile (LON:NEX)

National Express Group PLC provides public transport services in the United Kingdom, Continental Europe, North Africa, North America, and the Middle East. The company operates through UK, German Rail, ALSA, and North America segments. It owns and leases buses, coaches, and trains to deliver local, regional, national, and international transportation services.

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