Informa (LON:INF) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Informa plc (LON:INF)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 828.23 ($11.07) and traded as high as GBX 942.80 ($12.61). Informa shares last traded at GBX 940.20 ($12.57), with a volume of 2,302,218 shares.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. started coverage on Informa in a report on Wednesday, September 3rd. They set an “overweight” rating and a GBX 1,020 target price on the stock. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Informa currently has a consensus rating of “Buy” and an average price target of GBX 975.

Informa Stock Down 0.4%

The stock has a market capitalization of £12.05 billion, a price-to-earnings ratio of 170.18, a PEG ratio of 0.75 and a beta of 1.12. The business has a fifty day moving average of GBX 902.84 and a 200 day moving average of GBX 828.23. The company has a debt-to-equity ratio of 31.98, a current ratio of 0.56 and a quick ratio of 1.70.

Informa (LON:INF) last released its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 30.10 EPS for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. As a group, equities analysts predict that Informa plc will post 59.3240265 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Stephen A. Carter sold 406,936 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of GBX 865, for a total value of £3,519,996.40. Corporate insiders own 0.41% of the company’s stock.

Informa Company Profile

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.