Nichols (LON:NICL) Shares Pass Below 200-Day Moving Average – Time to Sell?

Nichols plc (LON:NICLGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,217.95 and traded as low as GBX 1,000. Nichols shares last traded at GBX 1,001.83, with a volume of 33,899 shares traded.

Analyst Ratings Changes

Several research firms recently issued reports on NICL. Peel Hunt reiterated a “hold” rating and set a GBX 1,300 target price on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,820 price objective on shares of Nichols in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Nichols has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,560.

Get Our Latest Stock Report on NICL

Nichols Trading Down 0.8%

The company has a debt-to-equity ratio of 1.80, a current ratio of 3.73 and a quick ratio of 2.58. The stock has a 50-day moving average price of GBX 1,077.74 and a two-hundred day moving average price of GBX 1,217.95. The stock has a market cap of £366.30 million, a PE ratio of 20.94 and a beta of 0.50.

About Nichols

(Get Free Report)

Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.

In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water.

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