YouGov (LON:YOU) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

YouGov plc (LON:YOU)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 218.21 and traded as low as GBX 208.60. YouGov shares last traded at GBX 214, with a volume of 1,525,492 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on YOU shares. Deutsche Bank Aktiengesellschaft reduced their target price on shares of YouGov from GBX 370 to GBX 350 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 450 target price on shares of YouGov in a research note on Thursday, March 26th. UBS Group restated a “buy” rating and issued a GBX 510 target price on shares of YouGov in a research note on Wednesday, March 25th. Berenberg Bank started coverage on shares of YouGov in a research note on Tuesday, March 24th. They issued a “buy” rating and a GBX 395 target price on the stock. Finally, JPMorgan Chase & Co. reduced their target price on shares of YouGov from GBX 380 to GBX 350 and set an “overweight” rating on the stock in a research note on Wednesday, March 25th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 411.

YouGov Price Performance

The company has a debt-to-equity ratio of 112.39, a quick ratio of 0.99 and a current ratio of 0.62. The company’s 50 day moving average price is GBX 184.91 and its 200 day moving average price is GBX 218.21. The company has a market cap of £256.23 million, a price-to-earnings ratio of 20.94, a P/E/G ratio of 0.71 and a beta of 1.43.

YouGov (LON:YOU) last released its quarterly earnings results on Tuesday, March 24th. The company reported GBX 11.40 earnings per share (EPS) for the quarter. YouGov had a return on equity of 6.46% and a net margin of 3.11%. On average, equities research analysts predict that YouGov plc will post 41.8853256 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other YouGov news, insider Devesh Mishra purchased 8,051 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was acquired at an average cost of GBX 186 per share, with a total value of £14,974.86. Also, insider Belinda Richards purchased 10,641 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The stock was acquired at an average cost of GBX 188 per share, with a total value of £20,005.08. Insiders purchased a total of 125,826 shares of company stock valued at $20,467,302 over the last three months. Company insiders own 13.43% of the company’s stock.

About YouGov

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the Americas, Mainland Europe, UK and Asia Pacific, we have one of the world’s largest research networks.

Above all, YouGov is powered by reality. That stems from a unique panel of millions of registered members across 64 markets, encapsulating some 18 million shopping trips and millions of interconnected data points. Our unique approach to recruiting and engaging with our panel, combined with our state-of-the-art technology platforms, enables us to deliver real-world, real-time insights that lead to better decision-making and a competitive advantage for our clients.