PZ Cussons (LON:PZC) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

PZ Cussons plc (LON:PZC) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 88.39 and traded as high as GBX 107.03. PZ Cussons shares last traded at GBX 104.20, with a volume of 388,245 shares trading hands.

Analysts Set New Price Targets

PZC has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 120 price objective on shares of PZ Cussons in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 115.

PZ Cussons Trading Down 1.5%

The company has a debt-to-equity ratio of 38.34, a quick ratio of 1.36 and a current ratio of 0.84. The company’s fifty day simple moving average is GBX 103.46 and its 200-day simple moving average is GBX 88.39. The company has a market capitalization of £438.01 million, a P/E ratio of -89.06, a PEG ratio of 1.13 and a beta of 0.53.

PZ Cussons (LON:PZC) last posted its quarterly earnings results on Thursday, August 6th. The company reported GBX 4.70 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 13.9099999 earnings per share for the current year.

PZ Cussons Company Profile

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.