WH Smith (LON:SMWH) Stock Price Passes Above 200-Day Moving Average of $1,439.47

WH Smith PLC (LON:SMWH – Get Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,439.47 ($17.31) and traded as high as GBX 1,598 ($19.22). WH Smith shares last traded at GBX 1,593.50 ($19.16), with a volume of 146,587 shares traded.

Wall Street Analyst Weigh In

SMWH has been the topic of a number of analyst reports. Barclays reduced their price objective on shares of WH Smith from GBX 2,180 ($26.21) to GBX 1,975 ($23.75) and set an “overweight” rating on the stock in a report on Friday, November 11th. JPMorgan Chase & Co. cut their price target on shares of WH Smith from GBX 1,930 ($23.21) to GBX 1,900 ($22.85) and set an “overweight” rating on the stock in a research note on Friday, November 11th. Finally, Berenberg Bank lifted their price target on shares of WH Smith from GBX 1,900 ($22.85) to GBX 2,000 ($24.05) and gave the stock a “buy” rating in a research note on Monday, November 28th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 1,873 ($22.52).

WH Smith Stock Down 0.2 %

The company has a market capitalization of £2.09 billion, a price-to-earnings ratio of 4,426.39, a PEG ratio of 2.65 and a beta of 1.60. The stock’s fifty day simple moving average is GBX 1,604.09 and its two-hundred day simple moving average is GBX 1,439.47. The company has a debt-to-equity ratio of 321.86, a current ratio of 0.81 and a quick ratio of 0.42.

WH Smith Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 26th. Investors of record on Thursday, January 5th were issued a GBX 9.10 ($0.11) dividend. The ex-dividend date was Thursday, January 5th. This represents a dividend yield of 0.64%. WH Smith’s dividend payout ratio (DPR) is presently 2,500.00%.

About WH Smith

(Get Rating)

WH Smith PLC operates as a travel retailer in the United Kingdom and internationally. It operates in two divisions, Travel and High Street. The company offers news, books, health and beauty products, souvenirs, digital accessories, and food and drink products for travelling customers. As of August 31, 2022, it operated 1,196 units primarily in airports, hospitals, railway stations, and motorway service areas.