FIRSTGROUP/ADR (OTCMKTS:FGROY) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of FIRSTGROUP/ADR (OTCMKTS:FGROY) from a hold rating to a sell rating in a research note released on Tuesday morning, Zacks.com reports.

According to Zacks, “FirstGroup Plc provides passenger transport services primarily in the UK and North America. The company’s operating divisions consists of First Student, First Transit, Greyhound, UK Bus and UK Rail. First Student division provides student transportation with a fleet of yellow school buses. First Transit division provides transit management and contracting, managing public transport systems. Greyhound division is a national provider of scheduled intercity coach transportation services. UK Bus division serves a number of communities. UK Rail division operates passenger rail networks. FirstGroup Plc is headquartered in Aberdeen, the United Kingdom. “

FGROY has been the topic of a number of other reports. JPMorgan Chase & Co. downgraded shares of FIRSTGROUP/ADR from an overweight rating to a neutral rating in a research report on Friday, March 20th. ValuEngine raised shares of FIRSTGROUP/ADR from a strong sell rating to a sell rating in a research report on Tuesday, March 17th. HSBC raised shares of FIRSTGROUP/ADR from a hold rating to a buy rating in a report on Thursday, May 28th. Jefferies Financial Group reaffirmed a hold rating on shares of FIRSTGROUP/ADR in a report on Tuesday, April 28th. Finally, Royal Bank of Canada downgraded shares of FIRSTGROUP/ADR from an outperform rating to a sector perform rating in a research report on Wednesday, May 13th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of Hold.

Shares of OTCMKTS:FGROY opened at $0.65 on Tuesday. The company’s 50-day moving average price is $0.81 and its 200 day moving average price is $1.19. FIRSTGROUP/ADR has a fifty-two week low of $0.38 and a fifty-two week high of $1.78. The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 1.56.

FIRSTGROUP/ADR Company Profile

FirstGroup Plc engages in the provision of passenger transport services. It operates through the following segments: First Student, First Transit, Greyhound, First Bus, and First Rail. The First Student segment provides transportation among students in North America. The First Transit segment offers public transit management and contracting services in North America.

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