PZ Cussons (LON:PZC) Shares Cross Above 50-Day Moving Average – Should You Sell?

PZ Cussons plc (LON:PZC) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 97.87 and traded as high as GBX 101.40. PZ Cussons shares last traded at GBX 100.93, with a volume of 9,594,069 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 120 price target on shares of PZ Cussons in a report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 115.

PZ Cussons Stock Down 0.4%

The stock has a 50-day moving average price of GBX 97.69 and a 200-day moving average price of GBX 91. The company has a debt-to-equity ratio of 38.34, a current ratio of 0.84 and a quick ratio of 1.36. The company has a market capitalization of £421.61 million, a P/E ratio of 21.46, a P/E/G ratio of 1.13 and a beta of 0.52.

PZ Cussons (LON:PZC) last announced its earnings results on Thursday, August 6th. The company reported GBX 4.70 EPS for the quarter. PZ Cussons had a return on equity of 8.44% and a net margin of 3.66%. On average, research analysts predict that PZ Cussons plc will post 13.91 EPS for the current fiscal year.

Insider Buying and Selling at PZ Cussons

In other news, insider Jonathan Myers sold 430,402 shares of the business’s stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of GBX 98, for a total transaction of £421,793.96. Also, insider Valeria Juarez bought 2,508 shares of the stock in a transaction dated Monday, August 24th. The shares were purchased at an average cost of GBX 105 per share, for a total transaction of £2,633.40. Insiders acquired 53,084 shares of company stock worth $5,491,392 in the last quarter. Company insiders own 15.59% of the company’s stock.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.