S&U (LON:SUS) Shares Cross Below 200-Day Moving Average – Here’s What Happened

S&U plc (LON:SUS)’s stock price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 1,954.59 and traded as low as GBX 1,865. S&U shares last traded at GBX 1,900, with a volume of 7,906 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,310 price target on shares of S&U in a report on Tuesday, September 29th. One analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 2,310.

S&U Stock Down 1.0%

The company has a current ratio of 56.94, a quick ratio of 58.00 and a debt-to-equity ratio of 113.78. The firm’s fifty day simple moving average is GBX 1,949.88 and its 200 day simple moving average is GBX 1,954.59. The company has a market cap of £230.87 million, a price-to-earnings ratio of 9.67 and a beta of 0.58.

S&U (LON:SUS) last issued its earnings results on Tuesday, September 29th. The company reported GBX 96.80 earnings per share (EPS) for the quarter. S&U had a return on equity of 9.55% and a net margin of 21.13%. Sell-side analysts predict that S&U plc will post 231.33 earnings per share for the current year.

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.