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

S&U plc (LON:SUS)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,055.45 and traded as low as GBX 1,930. S&U shares last traded at GBX 1,930, with a volume of 46,682 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price target 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 research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Trading Up 0.8%

The company has a current ratio of 1,290.95, a quick ratio of 58.00 and a debt-to-equity ratio of 97.18. The business’s 50-day moving average is GBX 1,943.16 and its two-hundred day moving average is GBX 2,055.45. The firm has a market cap of £236.34 million, a P/E ratio of 9.96 and a beta of 0.56.

S&U (LON:SUS) last announced its quarterly earnings data on Tuesday, April 21st. The company reported GBX 195.20 earnings per share for the quarter. S&U had a net margin of 22.07% and a return on equity of 9.68%. The business had revenue of £107.43 million during the quarter. As a group, analysts expect that S&U plc will post 231.3253012 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.