Senior (LON:SNR) Stock Passes Above 200 Day Moving Average – What’s Next?

Senior plc (LON:SNR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 187.78 and traded as high as GBX 191.40. Senior shares last traded at GBX 190, with a volume of 10,075,566 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 275 target price on shares of Senior in a report on Friday, November 21st. Jefferies Financial Group raised their price objective on Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Senior currently has an average rating of “Buy” and an average target price of GBX 241.67.

Senior Trading Up 3.0%

The firm has a market cap of £785.46 million, a P/E ratio of -102.15, a P/E/G ratio of 0.11 and a beta of 1.47. 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 firm has a fifty day moving average of GBX 187.45 and a 200-day moving average of GBX 187.78.

Insider Buying and Selling

In other news, insider Mary Waldner acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were acquired at an average price of GBX 188 per share, with a total value of £18,800. Also, insider Ian King acquired 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average price of GBX 174 per share, for a total transaction of £130,500. Over the last ninety days, insiders have purchased 152,500 shares of company stock valued at $27,882,500. 1.48% of the stock is 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.