S&U (LON:SUS) Share Price Passes Below 200-Day Moving Average – Should You Sell?

S&U plc (LON:SUS) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,064.72 and traded as low as GBX 1,945. S&U shares last traded at GBX 1,945, with a volume of 4,058 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their price target on shares of S&U from GBX 2,350 to GBX 2,220 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,110.

S&U Stock Performance

The company has a market capitalization of £236.34 million, a price-to-earnings ratio of 9.96 and a beta of 0.56. The stock has a fifty day moving average price of GBX 1,957.36 and a two-hundred day moving average price of GBX 2,064.72. The company has a quick ratio of 58.00, a current ratio of 1,290.95 and a debt-to-equity ratio of 97.18.

Insider Transactions at S&U

In other S&U news, insider Graham Coombs sold 2,500 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total value of £48,625. Also, insider Anthony M. V. Coombs sold 3,300 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of GBX 1,940, for a total transaction of £64,020. In the last quarter, insiders have sold 9,800 shares of company stock valued at $18,884,500. 61.42% of the stock is currently owned by company insiders.

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.