Wilmington (LON:WIL) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Wilmington plc (LON:WIL)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 272.54 and traded as low as GBX 236. Wilmington shares last traded at GBX 250, with a volume of 21,434 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 420 target price on shares of Wilmington in a research report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 451.67.

Wilmington Price Performance

The company has a debt-to-equity ratio of 76.79, a quick ratio of 0.86 and a current ratio of 0.85. The stock has a market cap of £223.89 million, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 1.44 and a beta of 0.30. The firm has a 50-day moving average price of GBX 240.19 and a 200-day moving average price of GBX 272.54.

Wilmington Company Profile

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.