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

S&U plc (LON:SUS)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,992.69 and traded as high as GBX 2,020. S&U shares last traded at GBX 1,980, with a volume of 6,422 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,310 price objective on shares of S&U in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 2,155.

S&U Price Performance

The company has a market cap of £241.80 million, a price-to-earnings ratio of 10.19 and a beta of 0.56. The company has a 50-day simple moving average of GBX 1,964.36 and a 200-day simple moving average of GBX 1,990.04. 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.

Insider Buying and Selling at S&U

In other S&U news, insider Graham Coombs sold 2,500 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of GBX 1,945, for a total value of £48,625. Also, insider Anthony M. V. Coombs sold 4,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of GBX 1,905, for a total transaction of £76,200. Insiders sold 9,800 shares of company stock valued at $18,884,500 in the last quarter. 61.40% of the stock is currently owned by company insiders.

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.