Nichols (LON:NICL) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Nichols plc (LON:NICL)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,078.66 and traded as low as GBX 1,013.30. Nichols shares last traded at GBX 1,015, with a volume of 22,195 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NICL shares. Peel Hunt reaffirmed a “hold” rating and set a GBX 1,300 price target on shares of Nichols in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating on the stock in a research report on Wednesday, January 14th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,820 price objective on shares of Nichols in a report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Nichols presently has a consensus rating of “Hold” and a consensus target price of GBX 1,423.33.

Nichols Stock Down 2.4%

The firm has a market cap of £371.11 million, a PE ratio of 21.22 and a beta of 0.50. The company has a debt-to-equity ratio of 1.80, a quick ratio of 2.58 and a current ratio of 3.73. The company’s 50-day simple moving average is GBX 983.94 and its two-hundred day simple moving average is GBX 1,078.66.

Insider Transactions at Nichols

In other Nichols news, insider Alan Williams purchased 2,500 shares of Nichols stock in a transaction that occurred on Monday, December 15th. The shares were bought at an average price of GBX 970 per share, for a total transaction of £24,250. 9.05% of the stock is currently owned by corporate insiders.

Nichols Company Profile