S&U (LON:SUS) Shares Break Below 200 Day Moving Average – What’s Next?

Shares of S&U plc (LON:SUS) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 1,963.59 and traded as low as GBX 1,950. S&U shares last traded at GBX 1,995, with a volume of 7,054 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,310 price target on shares of S&U in a research report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 2,155.

S&U Stock Down 0.5%

The firm’s 50 day moving average is GBX 1,971.78 and its 200-day moving average is GBX 1,962.50. The firm has a market cap of £236.34 million, a PE ratio of 9.96 and a beta of 0.56. 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.

Insiders Place Their Bets

In related news, insider Graham Coombs sold 2,500 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was 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 stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total value of £64,020. Corporate insiders own 62.01% of the company’s stock.

S&U Company Profile

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.