S&U (LON:SUS) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

S&U plc (LON:SUS)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,070.60 and traded as low as GBX 1,940. S&U shares last traded at GBX 1,950.20, with a volume of 811 shares.

Analysts Set New Price Targets

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

S&U Stock Down 1.3%

The stock has a market cap of £236.97 million, a PE ratio of 9.99 and a beta of 0.56. The business has a 50 day moving average price of GBX 1,956.66 and a 200 day moving average price of GBX 2,070.60. The company has a quick ratio of 58.00, a current ratio of 1,290.95 and a debt-to-equity ratio of 97.18.

S&U (LON:SUS) last announced its quarterly earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share 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 during the quarter. Equities research analysts expect that S&U plc will post 231.3253012 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Graham Coombs sold 2,500 shares of S&U stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total transaction of £48,625. Also, insider Anthony M. V. Coombs sold 3,300 shares of the business’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of GBX 1,940, for a total transaction of £64,020. Insiders have sold a total of 9,800 shares of company stock worth $18,884,500 in the last ninety days. Corporate insiders own 61.42% of the company’s stock.

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.