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

S&U plc (LON:SUS)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 1,957.12 and traded as low as GBX 1,900. S&U shares last traded at GBX 1,905, with a volume of 5,440 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,310 price target on shares of S&U in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 2,310.

S&U Stock Performance

The firm has a market capitalization of £227.83 million, a PE ratio of 9.54 and a beta of 0.56. The company has a debt-to-equity ratio of 113.78, a current ratio of 56.94 and a quick ratio of 58.00. The firm has a fifty day moving average price of GBX 1,955.78 and a 200 day moving average price of GBX 1,956.55.

S&U (LON:SUS) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX 96.80 earnings per share for the quarter. S&U had a return on equity of 9.55% and a net margin of 21.13%. Research analysts anticipate that S&U plc will post 231.33 earnings per share for the current fiscal year.

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.