PZ Cussons (LON:PZC) Shares Pass Above 200-Day Moving Average – Here’s Why

PZ Cussons plc (LON:PZC) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 82.21 and traded as high as GBX 107. PZ Cussons shares last traded at GBX 105.40, with a volume of 274,555 shares changing hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised their price target on PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 110.

PZ Cussons Trading Down 1.3%

The company’s 50 day simple moving average is GBX 90.71 and its 200-day simple moving average is GBX 82.36. The firm has a market cap of £437.17 million, a P/E ratio of -88.89, a P/E/G ratio of 1.13 and a beta of 0.52. The company has a quick ratio of 1.36, a current ratio of 0.96 and a debt-to-equity ratio of 67.93.

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.