S&U (LON:SUS) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

S&U plc (LON:SUS)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,064.72 and traded as low as GBX 1,945. S&U shares last traded at GBX 1,945, with a volume of 4,058 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price objective on shares of S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating for the company in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Price Performance

The business has a 50-day moving average price of GBX 1,957.36 and a two-hundred day moving average price of GBX 2,064.72. The company has a quick ratio of 58.00, a current ratio of 1,290.95 and a debt-to-equity ratio of 97.18. The company has a market capitalization of £236.34 million, a price-to-earnings ratio of 9.96 and a beta of 0.56.

S&U (LON:SUS) last posted its quarterly earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share (EPS) for the quarter. The business had revenue of £107.43 million during the quarter. S&U had a net margin of 22.07% and a return on equity of 9.68%. As a group, research analysts anticipate that S&U plc will post 231.3253012 EPS for the current year.

Insiders Place Their Bets

In other news, insider Anthony M. V. Coombs sold 4,000 shares of S&U stock in a transaction dated Friday, June 12th. The shares were sold at an average price of GBX 1,905, for a total transaction of £76,200. Also, insider Graham Coombs sold 2,500 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of GBX 1,945, for a total transaction of £48,625. Insiders sold 9,800 shares of company stock worth $18,884,500 over the last ninety days. Insiders own 61.42% of the company’s stock.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.