4imprint Group (LON:FOUR) Share Price Passes Above Fifty Day Moving Average – Here’s Why

4imprint Group plc (LON:FOUR) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 3,694.96 and traded as high as GBX 3,764. 4imprint Group shares last traded at GBX 3,693.56, with a volume of 31,918 shares changing hands.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their target price on 4imprint Group from GBX 3,500 to GBX 3,424 and set a “hold” rating on the stock in a research report on Thursday, March 12th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 5,140 price objective on shares of 4imprint Group in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 4,621.33.

4imprint Group Price Performance

The stock has a 50 day moving average of GBX 3,694.96 and a 200-day moving average of GBX 3,715.64. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.53 and a current ratio of 2.16. The company has a market cap of £1.04 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 0.58 and a beta of 0.71.

About 4imprint Group

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands. 4imprint Group plc was formerly known as Bemrose Corporation Public Limited Company and changed its name to 4imprint Group plc in August 2000.