Rotork (LON:ROR) Shares Pass Above 200 Day Moving Average – Time to Sell?

Rotork plc (LON:RORGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 325.69 ($4.10) and traded as high as GBX 337.20 ($4.24). Rotork shares last traded at GBX 335.20 ($4.22), with a volume of 956,349 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 390 ($4.91) price target on shares of Rotork in a research note on Thursday, January 23rd.

Get Our Latest Report on Rotork

Rotork Trading Down 2.2 %

The company has a 50-day moving average of GBX 325.55 and a 200 day moving average of GBX 325.44. The company has a market cap of £2.81 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.97, a current ratio of 3.21 and a quick ratio of 2.16.

About Rotork

(Get Free Report)

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.

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