Big Yellow Group (LON:BYG) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Big Yellow Group Plc (LON:BYG) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,019.93 and traded as high as GBX 1,046. Big Yellow Group shares last traded at GBX 1,038, with a volume of 1,110,101 shares traded.

Analyst Upgrades and Downgrades

BYG has been the topic of several research reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,383 price target on shares of Big Yellow Group in a research report on Tuesday, January 20th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,385 price objective on shares of Big Yellow Group in a research note on Tuesday, November 18th. Peel Hunt restated a “buy” rating and issued a GBX 1,310 target price on shares of Big Yellow Group in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group upgraded Big Yellow Group to a “buy” rating and boosted their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 1,300.60.

Big Yellow Group Stock Up 0.6%

The company has a market capitalization of £2.03 billion, a PE ratio of 15.68, a P/E/G ratio of 2.40 and a beta of 0.72. The company has a debt-to-equity ratio of 16.68, a quick ratio of 0.29 and a current ratio of 0.36. The firm has a fifty day simple moving average of GBX 1,034.84 and a 200-day simple moving average of GBX 1,019.93.

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

Big Yellow Group Company Profile

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.