S&U (LON:SUS) Shares Cross Above Fifty Day Moving Average – What’s Next?

S&U plc (LON:SUS) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,951.20 and traded as high as GBX 1,980. S&U shares last traded at GBX 1,980, with a volume of 6,247 shares.

Analyst Upgrades and Downgrades

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

S&U Trading Up 0.8%

The company has a market cap of £242.41 million, a P/E ratio of 10.22 and a beta of 0.56. The business has a fifty day simple moving average of GBX 1,951.20 and a 200 day simple moving average of GBX 2,066.29. The company has a debt-to-equity ratio of 97.18, a quick ratio of 58.00 and a current ratio of 1,290.95.

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

Insider Transactions at S&U

In other S&U news, insider Anthony M. V. Coombs sold 4,000 shares of S&U stock in a transaction on Friday, June 12th. The shares were sold at an average price of GBX 1,905, for a total value of £76,200. 61.48% of the stock is owned by company 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.