S&U (LON:SUS) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

S&U plc (LON:SUS) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,071.36 and traded as low as GBX 1,985. S&U shares last traded at GBX 1,986, with a volume of 5,972 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price objective on shares of S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock in a 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,110.

S&U Trading Up 1.5%

The company has a 50 day simple moving average of GBX 1,952.12 and a 200 day simple moving average of GBX 2,071.50. 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 company has a market capitalization of £241.80 million, a PE ratio of 10.19 and a beta of 0.56.

S&U (LON:SUS) last released its earnings results on Tuesday, April 21st. The company reported GBX 195.20 earnings per share for the quarter. The business had revenue of £107.43 million for the quarter. S&U had a return on equity of 9.68% and a net margin of 22.07%. Analysts anticipate that S&U plc will post 231.3253012 earnings per share for the current year.

Insiders Place Their Bets

In other S&U news, insider Graham Coombs sold 2,500 shares of S&U stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total transaction of £48,625. Also, insider Anthony M. V. Coombs sold 4,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of GBX 1,905, for a total transaction of £76,200. Company insiders own 61.48% of the company’s stock.

S&U Company Profile

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.