Nichols (LON:NICL) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Nichols plc (LON:NICL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 965.90 and traded as low as GBX 954.28. Nichols shares last traded at GBX 970, with a volume of 13,242 shares traded.

Analyst Ratings Changes

A number of research firms have weighed in on NICL. Berenberg Bank reissued a “buy” rating and set a GBX 1,720 price objective on shares of Nichols in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,150 price target on shares of Nichols in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Nichols has a consensus rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Trading Down 1.0%

The company has a 50 day moving average of GBX 946.23 and a 200-day moving average of GBX 965.86. The company has a debt-to-equity ratio of 4.97, a quick ratio of 2.58 and a current ratio of 3.63. The stock has a market cap of £351.02 million, a price-to-earnings ratio of 16.46 and a beta of 0.46.

Nichols (LON:NICL) last posted its earnings results on Wednesday, March 11th. The company reported GBX 67.53 earnings per share (EPS) for the quarter. Nichols had a return on equity of 23.59% and a net margin of 12.25%. On average, research analysts anticipate that Nichols plc will post 62.4371859 earnings per share for the current year.

Nichols Company Profile