Senior (LON:SNR) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Senior plc (LON:SNR) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 189.96 and traded as low as GBX 182.20. Senior shares last traded at GBX 193.80, with a volume of 357,324 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SNR shares. Jefferies Financial Group lifted their target price on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Berenberg Bank restated a “buy” rating and set a GBX 275 price objective on shares of Senior in a report on Friday, November 21st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 241.67.

Senior Trading Up 0.8%

The company has a debt-to-equity ratio of 59.35, a current ratio of 1.56 and a quick ratio of 0.84. The business’s 50-day moving average is GBX 187.19 and its 200 day moving average is GBX 189.96. The firm has a market capitalization of £801.17 million, a P/E ratio of -104.19, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47.

Insider Buying and Selling

In related news, insider Zoe Clements acquired 15,000 shares of the stock in a transaction on Monday, October 13th. The shares were purchased at an average price of GBX 195 per share, for a total transaction of £29,250. Also, insider Mary Waldner purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average price of GBX 188 per share, for a total transaction of £18,800. Insiders have bought 152,500 shares of company stock worth $27,882,500 in the last quarter. Insiders own 1.48% of the company’s stock.

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.