PZ Cussons (LON:PZC) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

PZ Cussons plc (LON:PZC) shares passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 97.87 and traded as high as GBX 101.40. PZ Cussons shares last traded at GBX 100.93, with a volume of 9,594,069 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 120 target price on shares of PZ Cussons in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 115.

PZ Cussons Price Performance

The company has a current ratio of 0.84, a quick ratio of 1.36 and a debt-to-equity ratio of 38.34. The firm has a 50 day moving average of GBX 97.87 and a two-hundred day moving average of GBX 90.71. The company has a market cap of £428.34 million, a PE ratio of 21.80, a P/E/G ratio of 1.13 and a beta of 0.52.

PZ Cussons (LON:PZC) last announced its quarterly earnings results on Thursday, August 6th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. PZ Cussons had a net margin of 3.66% and a return on equity of 8.44%. Research analysts predict that PZ Cussons plc will post 13.91 earnings per share for the current fiscal year.

Insider Activity

In other PZ Cussons news, insider David A. Tyler acquired 40,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average cost of GBX 103 per share, with a total value of £41,200. Also, insider Kirsty Bashforth purchased 2,508 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of GBX 105 per share, for a total transaction of £2,633.40. Over the last 90 days, insiders purchased 53,084 shares of company stock valued at $5,491,392. Corporate insiders own 15.59% of the company’s stock.

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.