RS Group (LON:RS1) Trading Down 0.6%

Shares of RS Group plc (LON:RS1) traded down 0.6% during mid-day trading on Wednesday . The stock traded as low as GBX 709 ($8.76) and last traded at GBX 709.50 ($8.76). 1,496,560 shares were traded during trading, an increase of 54% from the average session volume of 973,235 shares. The stock had previously closed at GBX 714 ($8.82).

Analyst Ratings Changes

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 925 ($11.43) price target on shares of RS Group in a research report on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,013 ($12.51).

RS Group Stock Down 0.6 %

The stock has a market cap of £3.36 billion, a price-to-earnings ratio of 1,419.00, a PEG ratio of 1.85 and a beta of 0.92. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 63.10. The stock has a fifty day moving average of GBX 733.29 and a two-hundred day moving average of GBX 749.07.

About RS Group

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.