National Express Group (LON:NEX) Share Price Crosses Below Fifty Day Moving Average of $398.44

Shares of National Express Group PLC (LON:NEX) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $398.44 and traded as low as $400.00. National Express Group shares last traded at $404.80, with a volume of 384,438 shares.

A number of research firms recently weighed in on NEX. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a report on Wednesday, May 15th. Jefferies Financial Group reissued a “hold” rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Canaccord Genuity lowered Cronos Group from a “hold” rating to a “sell” rating and set a C$17.00 target price on the stock. in a report on Wednesday, March 27th. Royal Bank of Canada reissued an “average” rating and set a $48.00 target price on shares of in a report on Thursday, June 27th. Finally, Liberum Capital reissued a “hold” rating on shares of Barratt Developments in a report on Thursday, May 9th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. National Express Group currently has an average rating of “Buy” and a consensus target price of GBX 450 ($5.88).

The company has a debt-to-equity ratio of 94.58, a current ratio of 0.58 and a quick ratio of 0.49. The firm has a market capitalization of $2.07 billion and a price-to-earnings ratio of 15.31. The company has a fifty day moving average of GBX 398.80.

In other National Express Group news, insider Dean K. Finch bought 19,200 shares of the firm’s stock in a transaction that occurred on Wednesday, June 19th. The shares were acquired at an average cost of GBX 390 ($5.10) per share, with a total value of £74,880 ($97,843.98).

About National Express Group (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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