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

S&U plc (LON:SUS) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,070.94 and traded as low as GBX 1,962.50. S&U shares last traded at GBX 1,985, with a volume of 1,449 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their target price on shares of 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 stock. According to MarketBeat, S&U currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Stock Up 2.3%

The firm has a market capitalization of £240.59 million, a price-to-earnings ratio of 10.14 and a beta of 0.56. The company has a debt-to-equity ratio of 97.18, a current ratio of 1,290.95 and a quick ratio of 58.00. The stock has a fifty day moving average of GBX 1,957.82 and a two-hundred day moving average of GBX 2,069.95.

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

Insider Activity at S&U

In other S&U news, insider Graham Coombs sold 2,500 shares of the firm’s stock in a transaction that occurred 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 3,300 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total transaction of £64,020. Insiders sold 9,800 shares of company stock worth $18,884,500 over the last quarter. 61.42% of the stock is currently owned by company 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.