4imprint Group (LON:FOUR) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of 4imprint Group plc (LON:FOUR) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,430.79 and traded as high as GBX 3,805. 4imprint Group shares last traded at GBX 3,720, with a volume of 104,909 shares.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of 4imprint Group from GBX 3,900 to GBX 3,500 and set a “hold” rating for the company in a research note on Wednesday, August 6th. Berenberg Bank reissued a “buy” rating and set a GBX 5,140 price objective on shares of 4imprint Group in a research report on Tuesday, November 11th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 5,300 target price on shares of 4imprint Group in a research report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, 4imprint Group has an average rating of “Moderate Buy” and a consensus target price of GBX 4,646.67.

4imprint Group Stock Down 2.2%

The business’s fifty day moving average price is GBX 3,310.97 and its two-hundred day moving average price is GBX 3,430.79. The firm has a market cap of £1.04 billion, a P/E ratio of 8.89, a P/E/G ratio of 0.58 and a beta of 0.98. The company has a current ratio of 1.81, a quick ratio of 1.53 and a debt-to-equity ratio of 8.12.

About 4imprint Group

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands.