Big Yellow Group (LON:BYG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Big Yellow Group Plc (LON:BYG) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,015.88 and traded as high as GBX 1,040. Big Yellow Group shares last traded at GBX 1,034, with a volume of 1,076,316 shares.

Analyst Ratings Changes

Several research firms have recently weighed in on BYG. Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and lifted their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Liberum Capital reiterated a “buy” rating and set a GBX 1,385 price objective on shares of Big Yellow Group in a research report on Tuesday, November 18th. Berenberg Bank reissued a “buy” rating and set a GBX 1,383 target price on shares of Big Yellow Group in a research note on Tuesday, January 20th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,310 target price on shares of Big Yellow Group in a research report on Tuesday, November 18th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Big Yellow Group has a consensus rating of “Buy” and an average target price of GBX 1,300.60.

Big Yellow Group Trading Up 0.4%

The company’s fifty day moving average is GBX 1,045.20 and its 200-day moving average is GBX 1,015.88. The company has a current ratio of 0.36, a quick ratio of 0.29 and a debt-to-equity ratio of 16.68. The firm has a market capitalization of £2.03 billion, a P/E ratio of 15.62, a P/E/G ratio of 2.40 and a beta of 0.72.

Big Yellow Group (LON:BYG) last released its earnings results on Monday, November 17th. The company reported GBX 30 earnings per share for the quarter. Big Yellow Group had a net margin of 120.15% and a return on equity of 10.18%. As a group, sell-side analysts anticipate that Big Yellow Group Plc will post 57.4799434 earnings per share for the current fiscal year.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.