Savills (LON:SVS) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Savills plc (LON:SVS) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 843.50 and traded as high as GBX 913. Savills shares last traded at GBX 909.62, with a volume of 16,866,873 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “buy” rating and set a GBX 1,210 target price on shares of Savills in a research report on Friday, May 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1,210.

Savills Price Performance

The firm has a 50-day moving average of GBX 845.66 and a 200-day moving average of GBX 920.24. The stock has a market cap of £1.25 billion, a PE ratio of 18.32, a PEG ratio of 2.09 and a beta of 1.25. The company has a debt-to-equity ratio of 80.81, a current ratio of 1.17 and a quick ratio of 1.22.

Insiders Place Their Bets

In related news, insider Simon J. B. Shaw sold 43,468 shares of the firm’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of GBX 840, for a total value of £365,131.20. 1.75% of the stock is owned by corporate insiders.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.