Informa (LON:INF) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Informa plc (LON:INF)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 795.04 ($10.71) and traded as high as GBX 796.90 ($10.73). Informa shares last traded at GBX 791.80 ($10.66), with a volume of 2,970,483 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating and set a GBX 930 ($12.52) price target on shares of Informa in a research note on Friday, May 23rd.

Informa Price Performance

The company has a market cap of £10.49 billion, a price-to-earnings ratio of 34.31, a PEG ratio of 0.75 and a beta of 1.12. The company has a current ratio of 0.56, a quick ratio of 1.70 and a debt-to-equity ratio of 31.98. The company’s 50 day moving average price is GBX 765.65 and its 200 day moving average price is GBX 795.04.

Informa Company Profile

Informa (LSE:INF.L) is a leading international Information Services, Advanced Learning, B2B Exhibitions and Events Group. We’re here to champion the specialist. Through hundreds of brands and a range of products and services, we connect businesses and professionals with the knowledge they need to learn more, know more and do more.