Nichols (LON:NICL) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Nichols plc (LON:NICL)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 961.89 and traded as high as GBX 970. Nichols shares last traded at GBX 950, with a volume of 21,625 shares trading hands.

Analyst Ratings Changes

NICL has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,720 target price on shares of Nichols in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,150 price target on shares of Nichols in a research note on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Trading Down 0.6%

The business’s fifty day moving average is GBX 950.22 and its 200-day moving average is GBX 961.89. The company has a debt-to-equity ratio of 4.97, a quick ratio of 2.58 and a current ratio of 3.63. The firm has a market cap of £352.49 million, a P/E ratio of 16.53 and a beta of 0.43.

About Nichols