Rotork (LON:ROR) Reaches New 52-Week Low – Here’s What Happened

Rotork plc (LON:ROR)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 286.40 and last traded at GBX 288.60, with a volume of 910768 shares traded. The stock had previously closed at GBX 290.20.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ROR. Shore Capital Group upgraded Rotork to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 400 target price on shares of Rotork in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. upped their price target on Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 405.

Rotork Stock Performance

The company has a market capitalization of £2.34 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 2.48 and a beta of 0.98. The company has a debt-to-equity ratio of 7.69, a current ratio of 2.50 and a quick ratio of 2.16. The stock has a 50 day simple moving average of GBX 304.75 and a two-hundred day simple moving average of GBX 328.52.

Insider Buying and Selling at Rotork

In other Rotork news, insider Kiet Huynh bought 49 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of £150.05 per share, with a total value of £7,352.45. Over the last quarter, insiders bought 149 shares of company stock worth $765,137. 0.35% of the stock is currently owned by company insiders.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.