PZ Cussons (LON:PZC) Stock Price Up 10.9% – Here’s Why

PZ Cussons plc (LON:PZC) rose 10.9% on Thursday . The company traded as high as GBX 75.30 ($1.03) and last traded at GBX 73.52 ($1.00). Approximately 7,511,544 shares traded hands during mid-day trading, an increase of 797% from the average daily volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.90).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 100 price objective on shares of PZ Cussons in a report on Tuesday, July 1st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 110.

PZ Cussons Stock Performance

The company has a debt-to-equity ratio of 73.75, a quick ratio of 1.36 and a current ratio of 1.18. The firm has a market cap of £317.14 million, a P/E ratio of -4,815.29, a P/E/G ratio of 1.13 and a beta of 0.26. The business’s 50-day simple moving average is GBX 70.02 and its 200 day simple moving average is GBX 76.08.

PZ Cussons (LON:PZC) last posted its earnings results on Wednesday, September 17th. The company reported GBX 7.34 EPS for the quarter. PZ Cussons had a negative net margin of 10.80% and a negative return on equity of 21.80%. As a group, equities analysts predict that PZ Cussons plc will post 13.9099999 earnings per share for the current year.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.