Senior (LON:SNR) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Senior plc (LON:SNR) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 185.19 and traded as high as GBX 185.40. Senior shares last traded at GBX 182.60, with a volume of 11,884,413 shares traded.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SNR. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Senior from GBX 195 to GBX 220 and gave the company a “buy” rating in a research note on Monday, August 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 185 price target on shares of Senior in a report on Monday, November 3rd. Finally, Berenberg Bank restated a “buy” rating and set a GBX 275 price objective on shares of Senior in a research report on Monday, October 20th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Senior currently has an average rating of “Buy” and an average target price of GBX 226.67.

Senior Stock Performance

The company has a fifty day moving average of GBX 192.57 and a two-hundred day moving average of GBX 185.19. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56. The company has a market cap of £754.87 million, a price-to-earnings ratio of -98.17, a P/E/G ratio of 0.11 and a beta of 1.47.

Insider Buying and Selling at Senior

In other news, insider Graham Oldroyd bought 52,500 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was acquired at an average cost of GBX 191 per share, with a total value of £100,275. Also, insider Zoe Clements bought 15,000 shares of the stock in a transaction on Monday, October 13th. The stock was purchased at an average price of GBX 195 per share, for a total transaction of £29,250. 1.43% of the stock is currently owned by corporate insiders.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.