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

Nichols plc (LON:NICL) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 972.84 and traded as low as GBX 934. Nichols shares last traded at GBX 946, with a volume of 70,646 shares.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NICL. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,720 price target on shares of Nichols in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,150 price target on shares of Nichols in a report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Nichols Trading Down 0.4%

The stock has a market cap of £344.43 million, a PE ratio of 16.15 and a beta of 0.46. The company’s fifty day moving average is GBX 944 and its 200-day moving average is GBX 972.84. The company has a debt-to-equity ratio of 4.97, a current ratio of 3.63 and a quick ratio of 2.58.

Nichols (LON:NICL) last posted its quarterly earnings results on Wednesday, March 11th. The company reported GBX 67.53 EPS for the quarter. Nichols had a net margin of 12.25% and a return on equity of 23.59%. On average, analysts predict that Nichols plc will post 62.4371859 earnings per share for the current fiscal year.

About Nichols