Pershing Square (LON:PSH) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Pershing Square Holdings (LON:PSH) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 3,986.76 and traded as low as GBX 3,932. Pershing Square shares last traded at GBX 3,932, with a volume of 4,133,405 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Pershing Square in a research note on Thursday, November 5th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Pershing Square Trading Down 1.4%

The stock has a market capitalization of £6.85 billion, a PE ratio of -5.23 and a beta of 0.86. The company has a debt-to-equity ratio of 28.00, a current ratio of 1.87 and a quick ratio of 8.65. The company’s 50 day moving average price is GBX 3,784.41 and its two-hundred day moving average price is GBX 3,986.76.

Pershing Square Company Profile

Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.