Wilmington (LON:WIL) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Wilmington plc (LON:WILGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 326.73 and traded as low as GBX 296. Wilmington shares last traded at GBX 296, with a volume of 699 shares traded.

Trending Headlines about Wilmington

Here are the key news stories impacting Wilmington this week:

Analyst Ratings Changes

WIL has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Wilmington from GBX 435 to GBX 465 and gave the company a “buy” rating in a research note on Friday, November 28th. Berenberg Bank reissued a “buy” rating and set a GBX 460 target price on shares of Wilmington in a report on Monday, September 22nd. Finally, Canaccord Genuity Group increased their target price on Wilmington from GBX 450 to GBX 475 and gave the stock a “buy” rating in a research report on Monday, December 8th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Wilmington currently has a consensus rating of “Buy” and an average target price of GBX 466.67.

Check Out Our Latest Analysis on WIL

Wilmington Price Performance

The business’s 50-day moving average price is GBX 305.23 and its 200 day moving average price is GBX 326.73. The company has a quick ratio of 0.86, a current ratio of 1.70 and a debt-to-equity ratio of 2.45. The company has a market capitalization of £265.09 million, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 1.44 and a beta of 0.84.

Insider Buying and Selling

In other news, insider Mark Milner purchased 8,315 shares of the business’s stock in a transaction on Friday, November 28th. The stock was purchased at an average cost of GBX 298 per share, with a total value of £24,778.70. 12.83% of the stock is currently owned by insiders.

About Wilmington

(Get Free Report)

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.

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