Senior (LON:SNR) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Senior plc (LON:SNR)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 198.56 and traded as high as GBX 252.18. Senior shares last traded at GBX 249.50, with a volume of 939,495 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SNR shares. Berenberg Bank restated a “buy” rating and set a GBX 275 price objective on shares of Senior in a research note on Friday, November 21st. Jefferies Financial Group increased their price target on shares of Senior from GBX 185 to GBX 230 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Senior from GBX 215 to GBX 255 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 253.33.

Senior Stock Up 0.8%

The company’s 50 day moving average price is GBX 209.73 and its 200 day moving average price is GBX 198.56. The company has a quick ratio of 0.84, a current ratio of 1.56 and a debt-to-equity ratio of 59.35. The firm has a market capitalization of £1.03 billion, a price-to-earnings ratio of -134.14, a P/E/G ratio of 0.11 and a beta of 1.47.

Insider Activity

In other news, insider Ian King acquired 75,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of GBX 174 per share, with a total value of £130,500. Also, insider Mary Waldner acquired 10,000 shares of Senior stock in a transaction dated Friday, December 5th. The stock was purchased at an average price of GBX 188 per share, with a total value of £18,800. 1.48% of the stock is currently owned by insiders.

About Senior

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.