Senior (LON:SNR) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Senior plc (LON:SNR)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 212.11 and traded as high as GBX 302.50. Senior shares last traded at GBX 290.50, with a volume of 1,184,640 shares trading hands.

Analyst Ratings Changes

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

Senior Price Performance

The stock’s fifty day moving average price is GBX 252.09 and its 200-day moving average price is GBX 212.11. The firm has a market cap of £1.20 billion, a price-to-earnings ratio of -284.80, a P/E/G ratio of 0.11 and a beta of 1.24. The company has a current ratio of 1.69, a quick ratio of 0.84 and a debt-to-equity ratio of 52.41.

Senior (LON:SNR) last released its quarterly earnings data on Monday, March 2nd. The company reported GBX 9.65 EPS for the quarter. Senior had a return on equity of 7.31% and a net margin of 3.98%. As a group, equities research analysts forecast that Senior plc will post 5.8304196 earnings per share for the current fiscal year.

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.