Wilmington (LON:WIL) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Wilmington plc (LON:WIL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 267.41 and traded as low as GBX 264.60. Wilmington shares last traded at GBX 267, with a volume of 206,981 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 420 price objective on shares of Wilmington in a research note on Friday, May 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 451.67.

Wilmington Price Performance

The firm has a market cap of £242.70 million, a PE ratio of 22.55, a price-to-earnings-growth ratio of 1.44 and a beta of 0.32. The stock’s fifty day moving average price is GBX 250.34 and its 200-day moving average price is GBX 267.44. The company has a debt-to-equity ratio of 74.64, a current ratio of 0.85 and a quick ratio of 0.86.

Wilmington Company Profile

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.