PZ Cussons (LON:PZC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

PZ Cussons plc (LON:PZC)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 83.39 and traded as high as GBX 107.08. PZ Cussons shares last traded at GBX 107, with a volume of 861,038 shares changing hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. increased their target price on PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, PZ Cussons presently has an average rating of “Hold” and an average price target of GBX 110.

PZ Cussons Price Performance

The firm has a fifty day simple moving average of GBX 93.39 and a 200 day simple moving average of GBX 83.39. The company has a market capitalization of £449.78 million, a PE ratio of -91.45, a P/E/G ratio of 1.13 and a beta of 0.52. The company has a debt-to-equity ratio of 67.93, a quick ratio of 1.36 and a current ratio of 0.96.

PZ Cussons Company Profile

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.