S&U (LON:SUS) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

S&U plc (LON:SUS) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,070.94 and traded as low as GBX 1,962.50. S&U shares last traded at GBX 1,985, with a volume of 1,449 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their target price on S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,110.

S&U Trading Down 2.7%

The company has a market cap of £234.64 million, a price-to-earnings ratio of 9.89 and a beta of 0.56. 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 price is GBX 1,954.12 and its 200-day moving average price is GBX 2,070.94.

S&U (LON:SUS) last released its quarterly earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share for the quarter. The firm had revenue of £107.43 million for the quarter. S&U had a net margin of 22.07% and a return on equity of 9.68%. On average, equities analysts anticipate that S&U plc will post 231.3253012 EPS for the current fiscal year.

Insider Activity at S&U

In related news, insider Graham Coombs sold 2,500 shares of S&U stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of GBX 1,945, for a total transaction of £48,625. Also, insider Anthony M. V. Coombs sold 4,000 shares of S&U stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of GBX 1,905, for a total value of £76,200. 61.42% of the stock is currently owned by corporate insiders.

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.