Experian (OTCMKTS:EXPGY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Experian PLC (OTCMKTS:EXPGY) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $44.58 and traded as low as $42.86. Experian shares last traded at $43.09, with a volume of 118,820 shares trading hands.

Analysts Set New Price Targets

EXPGY has been the topic of a number of recent research reports. Citigroup upgraded Experian from a “neutral” rating to a “buy” rating in a research note on Friday, November 21st. Wolfe Research upgraded Experian from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Experian Stock Down 2.7%

The stock has a fifty day simple moving average of $44.58 and a two-hundred day simple moving average of $48.44.

Experian Company Profile

Experian is a global information services company that specializes in consumer and business credit reporting, data analytics, and decisioning technologies. The company collects and aggregates data from a range of sources to produce credit reports and credit scores, and it provides tools that help lenders, insurers, retailers and other organizations assess credit risk, detect fraud, and make automated decisions. In addition to core credit reporting, Experian offers identity verification, fraud prevention, credit monitoring and consumer education services targeted at both individual consumers and enterprise clients.

Products and services include business credit and risk management solutions, marketing data and analytics to support customer acquisition and segmentation, and software-as-a-service platforms and APIs that enable real-time decisioning and workflow integration.