4imprint Group (LON:FOUR) Shares Cross Below 200-Day Moving Average – Time to Sell?

4imprint Group plc (LON:FOUR) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,811.55 and traded as low as GBX 3,592. 4imprint Group shares last traded at GBX 3,664.15, with a volume of 102,560 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of 4imprint Group from GBX 3,500 to GBX 3,424 and set a “hold” rating for the company in a research note on Thursday, March 12th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,140 price objective on shares of 4imprint Group in a research note on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,621.33.

4imprint Group Stock Performance

The stock’s 50-day moving average is GBX 3,695.21 and its 200-day moving average is GBX 3,811.55. The stock has a market cap of £1.03 billion, a price-to-earnings ratio of 9.09, a P/E/G ratio of 0.58 and a beta of 0.73. The company has a current ratio of 2.16, a quick ratio of 1.53 and a debt-to-equity ratio of 2.08.

Insider Transactions at 4imprint Group

In related news, insider Michelle Brukwicki sold 1,400 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of GBX 3,706, for a total transaction of £51,884. Company insiders own 9.06% of the company’s stock.

About 4imprint Group

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands. 4imprint Group plc was formerly known as Bemrose Corporation Public Limited Company and changed its name to 4imprint Group plc in August 2000.