S&U (LON:SUS) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

S&U plc (LON:SUS) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,059.43 and traded as low as GBX 1,890. S&U shares last traded at GBX 1,890, with a volume of 1,699 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price target on S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating for the company in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,110.

S&U Price Performance

The stock has a market cap of £229.65 million, a PE ratio of 9.68 and a beta of 0.56. The company has a debt-to-equity ratio of 97.18, a current ratio of 1,290.95 and a quick ratio of 58.00. The business has a fifty day moving average of GBX 1,945.35 and a 200 day moving average of GBX 2,059.43.

S&U (LON:SUS) last issued its quarterly earnings results on Tuesday, April 21st. The company reported GBX 195.20 EPS for the quarter. The firm had revenue of £107.43 million during the quarter. S&U had a return on equity of 9.68% and a net margin of 22.07%. Sell-side analysts anticipate that S&U plc will post 231.3253012 earnings per share for the current year.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.