Rotork (LON:ROR) Hits New 12-Month Low – What’s Next?

Shares of Rotork plc (LON:ROR) reached a new 52-week low on Monday . The stock traded as low as GBX 294.40 and last traded at GBX 294.40, with a volume of 534423 shares changing hands. The stock had previously closed at GBX 298.40.

Wall Street Analyst Weigh In

Several research firms recently commented on ROR. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 400 target price on shares of Rotork in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a research report on Wednesday, March 11th. Shore Capital Group upgraded Rotork to a “hold” rating in a research note on Friday, May 1st. Finally, Berenberg Bank cut their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a report on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 402.

Rotork Stock Performance

The stock has a market capitalization of £2.39 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 2.48 and a beta of 0.97. The company has a quick ratio of 2.16, a current ratio of 2.50 and a debt-to-equity ratio of 7.69. The stock’s 50-day simple moving average is GBX 311.48 and its 200 day simple moving average is GBX 330.82.

Insider Activity at Rotork

In other Rotork news, insider Kiet Huynh purchased 49 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of £150.05 per share, for a total transaction of £7,352.45. Over the last 90 days, insiders purchased 143 shares of company stock valued at $765,212. 0.31% of the stock is owned by insiders.

About Rotork

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.