S&U (LON:SUS) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

S&U plc (LON:SUS) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,071.36 and traded as low as GBX 1,985. S&U shares last traded at GBX 1,986, with a volume of 5,972 shares.

Analysts Set New Price Targets

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

S&U Stock Performance

The stock has a fifty day simple moving average of GBX 1,952.12 and a 200-day simple moving average of GBX 2,071.36. The stock has a market cap of £241.32 million, a P/E ratio of 10.17 and a beta of 0.56. The company has a debt-to-equity ratio of 97.18, a quick ratio of 58.00 and a current ratio of 1,290.95.

S&U (LON:SUS) last announced its earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share (EPS) for the quarter. The business had revenue of £107.43 million for the quarter. S&U had a return on equity of 9.68% and a net margin of 22.07%. On average, equities analysts expect that S&U plc will post 231.3253012 earnings per share for the current year.

Insider Buying and Selling at S&U

In other news, insider Anthony M. V. Coombs sold 4,000 shares of S&U stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of GBX 1,905, for a total value of £76,200. 61.48% of the stock is owned by corporate insiders.

S&U Company Profile

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.