PZ Cussons (LON:PZC) Stock Passes Above 200-Day Moving Average – Time to Sell?

Shares of PZ Cussons plc (LON:PZC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 91.30 and traded as high as GBX 102. PZ Cussons shares last traded at GBX 96.50, with a volume of 1,179,012 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 120 price objective on shares of PZ Cussons in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price target on shares of PZ Cussons from GBX 100 to GBX 110 and gave the company a “neutral” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, PZ Cussons currently has a consensus rating of “Moderate Buy” and an average target price of GBX 115.

PZ Cussons Stock Performance

The company has a debt-to-equity ratio of 38.34, a current ratio of 0.84 and a quick ratio of 1.36. The stock has a market cap of £410.16 million, a PE ratio of 20.85, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52. The business has a 50 day moving average price of GBX 104.99 and a two-hundred day moving average price of GBX 91.34.

PZ Cussons (LON:PZC) last posted its quarterly earnings results on Thursday, August 6th. The company reported GBX 4.70 EPS for the quarter. PZ Cussons had a net margin of 3.66% and a return on equity of 8.44%. As a group, equities research analysts forecast that PZ Cussons plc will post 13.9099999 EPS for the current fiscal year.

Insider Activity

In other news, insider Vivek Ahuja bought 2,508 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was bought at an average cost of GBX 105 per share, for a total transaction of £2,633.40. Also, insider Jitesh Himatlal Sodha bought 2,508 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of GBX 105 per share, for a total transaction of £2,633.40. In the last quarter, insiders purchased 52,920 shares of company stock valued at $5,476,592. 15.47% of the stock is owned by corporate insiders.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.