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

Wilmington plc (LON:WIL) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 264.18 and traded as high as GBX 281. Wilmington shares last traded at GBX 278.02, with a volume of 24,039 shares traded.

Analyst Ratings Changes

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

Wilmington Stock Performance

The company has a market capitalization of £255.23 million, a PE ratio of 23.71, a price-to-earnings-growth ratio of 1.44 and a beta of 0.32. The business’s fifty day moving average is GBX 267.60 and its two-hundred day moving average is GBX 264.18. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 74.64.

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.