Informa (LON:INF) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Informa plc (LON:INF) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 832.49 and traded as high as GBX 897.80. Informa shares last traded at GBX 897.80, with a volume of 673,850,750 shares traded.

Analyst Ratings Changes

Separately, Citigroup dropped their target price on shares of Informa from GBX 1,000 to GBX 850 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Five research 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, Informa currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,100.83.

Informa Stock Up 0.6%

The stock has a market capitalization of £11.30 billion, a price-to-earnings ratio of 1,122.25, a price-to-earnings-growth ratio of 0.75 and a beta of 0.71. The company has a quick ratio of 1.70, a current ratio of 0.44 and a debt-to-equity ratio of 61.56. The stock has a 50 day moving average price of GBX 820.53 and a 200 day moving average price of GBX 832.49.

Insider Buying and Selling

In other news, insider Stephen A. Carter bought 222 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of GBX 809 per share, with a total value of £1,795.98. Also, insider Gareth Wright acquired 222 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of GBX 809 per share, for a total transaction of £1,795.98. Corporate insiders own 0.23% of the company’s stock.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.