PZ Cussons (LON:PZC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of PZ Cussons plc (LON:PZC) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 92.45 and traded as high as GBX 98. PZ Cussons shares last traded at GBX 97.20, with a volume of 171,508 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently weighed in on PZC shares. JPMorgan Chase & Co. lifted their price target on shares of PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 120 price objective on shares of PZ Cussons in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, PZ Cussons presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 115.

PZ Cussons Trading Down 0.3%

The company has a debt-to-equity ratio of 38.34, a quick ratio of 1.36 and a current ratio of 0.84. The stock has a market capitalization of £409.53 million, a PE ratio of 20.81, a PEG ratio of 1.13 and a beta of 0.52. The stock has a 50-day moving average price of GBX 103.28 and a two-hundred day moving average price of GBX 92.45.

PZ Cussons (LON:PZC) last announced its quarterly earnings data on Thursday, August 6th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. PZ Cussons had a return on equity of 8.44% and a net margin of 3.66%. As a group, equities analysts forecast that PZ Cussons plc will post 13.9099999 earnings per share for the current year.

Insider Transactions at PZ Cussons

In other news, insider Kirsty Bashforth acquired 2,508 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were purchased at an average cost of GBX 105 per share, for a total transaction of £2,633.40. Also, insider Vivek Ahuja bought 2,508 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of GBX 105 per share, for a total transaction of £2,633.40. Over the last quarter, insiders bought 53,074 shares of company stock valued at $5,491,530. Company insiders own 15.47% of the company’s stock.

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.