Wilmington (LON:WIL) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Wilmington plc (LON:WILGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 323.97 and traded as low as GBX 288.88. Wilmington shares last traded at GBX 295, with a volume of 33,845 shares traded.

Wilmington News Roundup

Here are the key news stories impacting Wilmington this week:

Analysts Set New Price Targets

Several research analysts have recently weighed in on WIL shares. Berenberg Bank reiterated a “buy” rating and set a GBX 460 price objective on shares of Wilmington in a report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Wilmington from GBX 435 to GBX 465 and gave the stock a “buy” rating in a research note on Friday, November 28th. Finally, Canaccord Genuity Group boosted their price objective on shares of Wilmington from GBX 450 to GBX 475 and gave the company a “buy” rating in a research note on Monday, December 8th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 466.67.

Get Our Latest Stock Analysis on Wilmington

Wilmington Price Performance

The stock has a market cap of £259.71 million, a PE ratio of 22.89, a price-to-earnings-growth ratio of 1.44 and a beta of 0.84. The company has a quick ratio of 0.86, a current ratio of 1.70 and a debt-to-equity ratio of 2.45. The company’s fifty day moving average is GBX 300.96 and its 200 day moving average is GBX 323.97.

Insider Activity at Wilmington

In other Wilmington news, insider Mark Milner bought 8,315 shares of the business’s stock in a transaction dated Friday, November 28th. The shares were acquired at an average price of GBX 298 per share, with a total value of £24,778.70. Corporate insiders own 12.83% of the company’s stock.

Wilmington Company Profile

(Get Free Report)

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.

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