Experian (OTCMKTS:EXPGY) Stock Passes Below Fifty Day Moving Average – Here’s Why

Experian PLC (OTCMKTS:EXPGY)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $41.13 and traded as low as $34.74. Experian shares last traded at $35.08, with a volume of 270,471 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EXPGY shares. Wolfe Research raised shares of Experian from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 7th. Citigroup upgraded shares of Experian from a “neutral” rating to a “buy” rating in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat, Experian presently has an average rating of “Strong Buy”.

Experian Stock Up 0.7%

The firm has a fifty day moving average price of $41.13 and a 200 day moving average price of $45.72.

About Experian

Experian is a global information services company that specializes in consumer and business credit reporting, data analytics, and decisioning technologies. The company collects and aggregates data from a range of sources to produce credit reports and credit scores, and it provides tools that help lenders, insurers, retailers and other organizations assess credit risk, detect fraud, and make automated decisions. In addition to core credit reporting, Experian offers identity verification, fraud prevention, credit monitoring and consumer education services targeted at both individual consumers and enterprise clients.

Products and services include business credit and risk management solutions, marketing data and analytics to support customer acquisition and segmentation, and software-as-a-service platforms and APIs that enable real-time decisioning and workflow integration.