Informa (LON:INF) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Informa plc (LON:INF) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 835.08 ($10.60) and traded as high as GBX 852.80 ($10.82). Informa shares last traded at GBX 844.40 ($10.72), with a volume of 2,590,645 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Informa in a research note on Wednesday, July 24th.

Informa Trading Down 0.1 %

The firm has a market cap of £11.13 billion, a price-to-earnings ratio of 3,671.30, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 29.87. The business has a 50 day moving average price of GBX 828.76 and a 200-day moving average price of GBX 835.08.

About Informa

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.