Savills (LON:SVS) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Savills plc (LON:SVS) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 843.50 and traded as high as GBX 913. Savills shares last traded at GBX 909.62, with a volume of 16,866,873 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 1,210 target price on shares of Savills in a report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Savills currently has a consensus rating of “Buy” and a consensus target price of GBX 1,210.

Savills Trading Down 1.3%

The stock has a market cap of £1.24 billion, a PE ratio of 18.19, a PEG ratio of 2.09 and a beta of 1.25. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. The stock has a fifty day moving average price of GBX 843.50 and a 200 day moving average price of GBX 921.74.

Insider Buying and Selling

In other Savills news, insider Simon J. B. Shaw sold 43,468 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of GBX 840, for a total transaction of £365,131.20. 1.75% of the stock is owned by insiders.

About Savills

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.