Nichols (LON:NICL) Shares Pass Below 200 Day Moving Average – Time to Sell?

Nichols plc (LON:NICLGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 972.84 and traded as low as GBX 934. Nichols shares last traded at GBX 946, with a volume of 70,646 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,150 price objective on shares of Nichols in a research note on Wednesday, April 22nd. Berenberg Bank reissued a “buy” rating and set a GBX 1,720 target price on shares of Nichols in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nichols has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,390.

View Our Latest Research Report on Nichols

Nichols Price Performance

The stock’s 50-day moving average is GBX 944 and its 200 day moving average is GBX 972.84. The company has a debt-to-equity ratio of 4.97, a current ratio of 3.63 and a quick ratio of 2.58. The company has a market cap of £344.43 million, a PE ratio of 16.15 and a beta of 0.46.

Nichols (LON:NICLGet Free Report) last posted its earnings results on Wednesday, March 11th. The company reported GBX 67.53 EPS for the quarter. Nichols had a net margin of 12.25% and a return on equity of 23.59%. On average, equities analysts anticipate that Nichols plc will post 62.4371859 earnings per share for the current fiscal year.

Nichols Company Profile

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