PZ Cussons (LON:PZC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

PZ Cussons plc (LON:PZC)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 83.39 and traded as high as GBX 107.08. PZ Cussons shares last traded at GBX 107, with a volume of 861,038 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised their target price on shares of PZ Cussons from GBX 100 to GBX 110 and gave the company a “neutral” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 110.

PZ Cussons Price Performance

The firm has a 50 day simple moving average of GBX 93.39 and a 200-day simple moving average of GBX 83.39. The company has a quick ratio of 1.36, a current ratio of 0.96 and a debt-to-equity ratio of 67.93. The company has a market cap of £449.78 million, a PE ratio of -91.45, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.