Euromoney Institutional Investor (LON:ERM) Shares Cross Above 200-Day Moving Average of $1,313.24

Euromoney Institutional Investor PLC (LON:ERM) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1,313.24 and traded as high as $1,484.00. Euromoney Institutional Investor shares last traded at $1,470.00, with a volume of 232,084 shares trading hands.

A number of research firms have recently issued reports on ERM. Peel Hunt restated an “add” rating on shares of Euromoney Institutional Investor in a research report on Tuesday, September 10th. Berenberg Bank began coverage on shares of Euromoney Institutional Investor in a research report on Thursday, September 12th. They issued a “hold” rating and a GBX 1,400 ($18.29) price target on the stock. UBS Group restated a “buy” rating on shares of Euromoney Institutional Investor in a research report on Wednesday, September 11th. Finally, Numis Securities restated a “buy” rating on shares of Euromoney Institutional Investor in a research report on Monday, June 3rd.

The stock’s 50-day moving average price is GBX 1,392.31 and its 200-day moving average price is GBX 1,313.24. The company has a market capitalization of $1.61 billion and a P/E ratio of 12.46.

Euromoney Institutional Investor Company Profile (LON:ERM)

Euromoney Institutional Investor PLC, together with its subsidiaries, operates as a business-to-business information company in the United Kingdom, North America, and internationally. It operates through four segments: Asset Management; Pricing, Data and Market Intelligence; Banking and Finance; and Commodity Events.

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