S&U (LON:SUS) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of S&U plc (LON:SUS) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,951.20 and traded as high as GBX 1,980. S&U shares last traded at GBX 1,980, with a volume of 6,247 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their target price on S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Price Performance

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. The firm has a market cap of £241.80 million, a PE ratio of 10.19 and a beta of 0.56. The stock has a fifty day moving average price of GBX 1,953.60 and a 200-day moving average price of GBX 2,067.91.

S&U (LON:SUS) last posted its 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 firm had revenue of £107.43 million during the quarter. Research analysts expect that S&U plc will post 231.3253012 EPS for the current year.

Insider Transactions at S&U

In other news, insider Anthony M. V. Coombs sold 4,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of GBX 1,905, for a total value of £76,200. 61.48% of the stock is currently owned by corporate insiders.

About S&U

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.