S&U (LON:SUS) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

S&U plc (LON:SUS) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,870.79 and traded as high as GBX 2,100. S&U shares last traded at GBX 2,100, with a volume of 13,202 shares.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt upgraded S&U to a “buy” rating and set a GBX 2,000 price target on the stock in a report on Friday, October 10th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,850.

S&U Trading Up 0.5%

The stock’s 50-day moving average price is GBX 1,870.79 and its 200-day moving average price is GBX 1,804.71. The company has a market cap of £256.39 million, a P/E ratio of 12.84 and a beta of 0.55.

S&U (LON:SUS) last issued its earnings results on Thursday, October 9th. The company reported GBX 95.50 EPS for the quarter. S&U had a return on equity of 8.05% and a net margin of 28.21%. On average, research analysts anticipate that S&U plc will post 231.3253012 earnings per share for the current fiscal year.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.