YouGov (LON:YOU) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

YouGov plc (LON:YOU) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 210.73 and traded as high as GBX 229.40. YouGov shares last traded at GBX 229.20, with a volume of 474,549 shares traded.

Analysts Set New Price Targets

Several equities research analysts have issued reports on YOU shares. Deutsche Bank Aktiengesellschaft dropped their price target on YouGov from GBX 370 to GBX 350 and set a “buy” rating for the company in a research note on Wednesday, March 25th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 450 price objective on shares of YouGov in a report on Thursday, March 26th. JPMorgan Chase & Co. decreased their price objective on YouGov from GBX 380 to GBX 350 and set an “overweight” rating on the stock in a report on Wednesday, March 25th. UBS Group restated a “buy” rating and issued a GBX 510 target price on shares of YouGov in a research report on Wednesday, March 25th. Finally, Berenberg Bank initiated coverage on YouGov in a research note on Tuesday, March 24th. They issued a “buy” rating and a GBX 395 target price for the company. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, YouGov presently has a consensus rating of “Buy” and an average price target of GBX 411.

YouGov Trading Up 6.5%

The company has a quick ratio of 0.99, a current ratio of 0.62 and a debt-to-equity ratio of 112.39. The company has a market capitalization of £268.52 million, a PE ratio of 22.04, a price-to-earnings-growth ratio of 0.71 and a beta of 1.44. The stock’s fifty day moving average price is GBX 204.85 and its two-hundred day moving average price is GBX 210.73.

Insider Transactions at YouGov

In other news, insider Belinda Richards acquired 10,641 shares of the firm’s stock in a transaction on Tuesday, April 21st. The stock was acquired at an average price of GBX 188 per share, for a total transaction of £20,005.08. Also, insider Devesh Mishra purchased 8,051 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was acquired at an average price of GBX 186 per share, with a total value of £14,974.86. Insiders have bought a total of 29,426 shares of company stock worth $5,494,518 over the last quarter. Insiders own 13.54% of the company’s stock.

YouGov Company Profile

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the Americas, Mainland Europe, UK and Asia Pacific, we have one of the world’s largest research networks.

Above all, YouGov is powered by reality. That stems from a unique panel of millions of registered members across 64 markets, encapsulating some 18 million shopping trips and millions of interconnected data points. Our unique approach to recruiting and engaging with our panel, combined with our state-of-the-art technology platforms, enables us to deliver real-world, real-time insights that lead to better decision-making and a competitive advantage for our clients.