S&U (LON:SUS) Stock Passes Below 200-Day Moving Average – Here’s What Happened

S&U plc (LON:SUSGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,070.60 and traded as low as GBX 1,940. S&U shares last traded at GBX 1,950.20, with a volume of 811 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their target price on shares of S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,110.

Read Our Latest Stock Report on S&U

S&U Stock Performance

The company has a market capitalization of £236.97 million, a price-to-earnings ratio of 9.99 and a beta of 0.56. The firm has a fifty day simple moving average of GBX 1,956.66 and a 200 day simple moving average of GBX 2,070.60. The company has a debt-to-equity ratio of 97.18, a current ratio of 1,290.95 and a quick ratio of 58.00.

S&U (LON:SUSGet Free Report) last announced its earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share for the quarter. The business had revenue of £107.43 million during the quarter. S&U had a return on equity of 9.68% and a net margin of 22.07%. On average, analysts anticipate that S&U plc will post 231.3253012 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other S&U news, insider Graham Coombs sold 2,500 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total transaction of £48,625. Also, insider Anthony M. V. Coombs sold 3,300 shares of the company’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total transaction of £64,020. Insiders sold a total of 9,800 shares of company stock worth $18,884,500 in the last three months. 61.42% of the stock is owned by corporate insiders.

S&U Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for S&U Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&U and related companies with MarketBeat.com's FREE daily email newsletter.