Nichols (LON:NICL) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Nichols plc (LON:NICL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 962.51 and traded as high as GBX 990. Nichols shares last traded at GBX 980, with a volume of 29,567 shares.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 1,720 price target on shares of Nichols in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,150 price objective on shares of Nichols in a research report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Stock Performance

The company has a debt-to-equity ratio of 4.97, a quick ratio of 2.58 and a current ratio of 3.63. The stock has a market cap of £364.92 million, a price-to-earnings ratio of 17.11 and a beta of 0.43. The stock’s 50-day simple moving average is GBX 953.22 and its two-hundred day simple moving average is GBX 962.51.

Nichols Company Profile