WH Smith (LON:SMWH) Share Price Crosses Above 200-Day Moving Average of $1,218.22

WH Smith PLC (LON:SMWH) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,218.22 ($16.02) and traded as high as GBX 1,304 ($17.15). WH Smith shares last traded at GBX 1,290 ($16.96), with a volume of 125,406 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SMWH shares. Berenberg Bank reiterated a “buy” rating and set a GBX 1,600 ($21.04) price objective on shares of WH Smith in a research note on Wednesday, June 5th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,469 ($19.32) price objective on shares of WH Smith in a report on Monday, July 8th.

WH Smith Trading Down 0.5 %

The company’s fifty day moving average is GBX 1,234.33 and its 200-day moving average is GBX 1,218.22. The firm has a market capitalization of £1.68 billion, a P/E ratio of 2,632.65, a P/E/G ratio of 2.65 and a beta of 1.68. The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.