S&U (LON:SUS) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

S&U plc (LON:SUS) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,061.50 and traded as low as GBX 1,905. S&U shares last traded at GBX 1,935, with a volume of 2,370 shares trading hands.

Wall Street Analyst Weigh In

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

S&U Stock Performance

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 firm has a fifty day simple moving average of GBX 1,955.20 and a 200 day simple moving average of GBX 2,061.50. The company has a market cap of £235.12 million, a price-to-earnings ratio of 9.91 and a beta of 0.56.

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