WH Smith (LON:SMWH) Trading Down 33% – Time to Sell?

WH Smith PLC (LON:SMWH) traded down 33% on Thursday . The company traded as low as GBX 743.50 ($10.00) and last traded at GBX 744 ($10.01). 7,481,961 shares traded hands during trading, an increase of 1,454% from the average session volume of 481,375 shares. The stock had previously closed at GBX 1,110 ($14.94).

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Canaccord Genuity Group decreased their target price on shares of WH Smith from GBX 1,460 to GBX 1,350 and set a “buy” rating on the stock in a research note on Monday, June 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of WH Smith in a report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,430.

WH Smith Trading Down 40.1%

The firm has a market cap of £855.72 million, a price-to-earnings ratio of 13.71, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42. The firm’s fifty day moving average is GBX 1,074.86 and its 200-day moving average is GBX 1,059.57.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.