Young & Co.’s Brewery, P.L.C. (LON:YNGA) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Young & Co.’s Brewery, P.L.C. (LON:YNGA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 797.42 and traded as high as GBX 897.31. Young & Co.’s Brewery, P.L.C. shares last traded at GBX 881.26, with a volume of 38,985 shares.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on YNGA shares. JPMorgan Chase & Co. decreased their price target on Young & Co.’s Brewery, P.L.C. from GBX 1,360 to GBX 1,190 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,450 target price on shares of Young & Co.’s Brewery, P.L.C. in a research note on Wednesday, November 19th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,400 target price on shares of Young & Co.’s Brewery, P.L.C. in a report on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Young & Co.’s Brewery, P.L.C. currently has an average rating of “Buy” and a consensus price target of GBX 1,346.67.

Young & Co.’s Brewery, P.L.C. Stock Up 0.5%

The company has a market cap of £542.96 million, a P/E ratio of 46.89, a PEG ratio of 1.37 and a beta of 1.30. The stock’s 50-day moving average price is GBX 813.44 and its 200-day moving average price is GBX 797.42. The company has a current ratio of 0.30, a quick ratio of 0.63 and a debt-to-equity ratio of 48.79.

Insider Buying and Selling

In other news, insider Torquil Sligo-Young acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was purchased at an average price of GBX 768 per share, for a total transaction of £23,040. Also, insider Ian Dyson bought 4,525 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was purchased at an average price of GBX 872 per share, for a total transaction of £39,458. 9.24% of the stock is currently owned by corporate insiders.

About Young & Co.’s Brewery, P.L.C.

Young & Co's Brewery, P.L.C. engages in the operation and management of pubs and hotels in the United Kingdom. It sells drinks and food, as well as provides accommodation services. The company was founded in 1831 and is based in London, the United Kingdom.