Senior (LON:SNR) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Senior plc (LON:SNR)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 233.56 and traded as high as GBX 286. Senior shares last traded at GBX 285.02, with a volume of 105,380,156 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft increased their price target on shares of Senior from GBX 215 to GBX 255 and gave the company a “buy” rating in a research note on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 253.33.

Senior Trading Down 0.2%

The firm has a market capitalization of £1.17 billion, a price-to-earnings ratio of -279.43, a PEG ratio of 0.11 and a beta of 1.19. The business’s 50-day simple moving average is GBX 284.72 and its two-hundred day simple moving average is GBX 233.84. The company has a quick ratio of 0.84, a current ratio of 1.69 and a debt-to-equity ratio of 52.41.

Senior (LON:SNR) last announced its quarterly earnings results on Monday, March 2nd. The company reported GBX 9.65 earnings per share for the quarter. Senior had a net margin of 3.98% and a return on equity of 7.31%. Equities analysts forecast that Senior plc will post 5.8304196 earnings per share for the current year.

Insider Buying and Selling at Senior

In other Senior news, insider David Squires sold 188,125 shares of Senior stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of GBX 279, for a total transaction of £524,868.75. 1.48% of the stock is currently owned by corporate insiders.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.