S&U (LON:SUS) Stock Crosses 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 Friday . The stock has a 200-day moving average of GBX 2,064.72 and traded as low as GBX 1,945. S&U shares last traded at GBX 1,945, with a volume of 4,058 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock in a research note 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’s stock. Based on data from MarketBeat, S&U currently has an average rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Trading Down 2.0%

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 1,957.36 and a two-hundred day simple moving average of GBX 2,064.72. The firm has a market capitalization of £236.34 million, a P/E ratio of 9.96 and a beta of 0.56.

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

Insider Buying and Selling at S&U

In related news, insider Anthony M. V. Coombs sold 4,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of GBX 1,905, for a total value of £76,200. Also, insider Graham Coombs sold 2,500 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total value of £48,625. Insiders have sold a total of 9,800 shares of company stock valued at $18,884,500 in the last quarter. 61.42% of the stock is owned by corporate insiders.

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.