Experian (LON:EXPN) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Experian plc (LON:EXPN)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,794.62 and traded as low as GBX 2,520. Experian shares last traded at GBX 2,541, with a volume of 371,263,281 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EXPN shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 4,600 target price on shares of Experian in a research note on Thursday, May 21st. UBS Group reiterated a “buy” rating and set a GBX 3,700 price objective on shares of Experian in a report on Monday, May 18th. Stifel Nicolaus reissued a “buy” rating and set a GBX 4,400 price objective on shares of Experian in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reduced their target price on Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 4,000 price target on shares of Experian in a research note on Thursday, May 21st. Seven analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 4,087.33.

Experian Stock Up 0.8%

The company has a debt-to-equity ratio of 100.36, a quick ratio of 0.76 and a current ratio of 0.85. The stock’s 50 day simple moving average is GBX 2,613.09 and its 200 day simple moving average is GBX 2,784. The firm has a market cap of £23.22 billion, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 2.48 and a beta of 0.82.

Experian declared that its Board of Directors has initiated a share repurchase plan on Wednesday, July 1st that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other Experian news, insider Lloyd Pitchford sold 39,462 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total transaction of £1,034,299.02. Also, insider Brian Cassin sold 63,864 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 2,624, for a total value of £1,675,791.36. Insiders have acquired 87,031 shares of company stock worth $230,517,957 in the last quarter. Insiders own 0.64% of the company’s stock.

About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.