S&U (LON:SUS) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of S&U plc (LON:SUS) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,037.86 and traded as high as GBX 2,080. S&U shares last traded at GBX 2,020, with a volume of 15,989 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on shares of S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating for the company 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,110.

S&U Stock Performance

The company has a market cap of £244.84 million, a PE ratio of 10.32 and a beta of 0.56. The company has a debt-to-equity ratio of 97.18, a quick ratio of 58.00 and a current ratio of 1,290.95. The firm’s 50 day moving average is GBX 1,990.86 and its 200-day moving average is GBX 2,037.86.

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

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.