PZ Cussons (LON:PZC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

PZ Cussons plc (LON:PZC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 86.73 and traded as high as GBX 108.56. PZ Cussons shares last traded at GBX 106.97, with a volume of 9,082,355 shares trading hands.

Wall Street Analyst Weigh In

PZC has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 price objective on shares of PZ Cussons in a report on Friday. JPMorgan Chase & Co. upped their target price on PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 115.

PZ Cussons Stock Up 4.3%

The firm has a 50-day moving average price of GBX 101.29 and a two-hundred day moving average price of GBX 87.09. The company has a market capitalization of £448.94 million, a P/E ratio of -91.28, a PEG ratio of 1.13 and a beta of 0.52. The company has a quick ratio of 1.36, a current ratio of 0.96 and a debt-to-equity ratio of 67.93.

PZ Cussons (LON:PZC) last announced its earnings results on Thursday, August 6th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. PZ Cussons had a negative net margin of 0.92% and a negative return on equity of 2.16%. Equities research analysts anticipate that PZ Cussons plc will post 13.9099999 EPS for the current fiscal year.

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.