S&U (LON:SUS) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

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 2,061.50 and traded as low as GBX 1,905. S&U shares last traded at GBX 1,935, with a volume of 2,370 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased 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 report on Tuesday, April 21st. One research 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 presently has an average rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Trading Up 1.8%

The company has a market cap of £239.37 million, a price-to-earnings ratio of 10.09 and a beta of 0.56. 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’s fifty day moving average price is GBX 1,953 and its 200-day moving average price is GBX 2,060.87.

S&U (LON:SUS) last announced its quarterly earnings results 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, equities analysts expect that S&U plc will post 231.3253012 EPS for the current fiscal year.

S&U Company Profile

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.