Rotork (LON:ROR) Sets New 52-Week Low – Here’s What Happened

Rotork plc (LON:ROR)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 294.40 and last traded at GBX 294.40, with a volume of 534423 shares changing hands. The stock had previously closed at GBX 298.40.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ROR shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 400 price target on shares of Rotork in a research report on Tuesday, May 5th. Berenberg Bank reduced their target price on shares of Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. decreased their target price on Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a research report on Wednesday, March 11th. Finally, Shore Capital Group upgraded Rotork to a “hold” rating in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 402.

Rotork Stock Performance

The company has a quick ratio of 2.16, a current ratio of 2.50 and a debt-to-equity ratio of 7.69. The firm has a 50-day moving average of GBX 311.48 and a 200 day moving average of GBX 330.82. The stock has a market capitalization of £2.39 billion, a P/E ratio of 21.47, a PEG ratio of 2.48 and a beta of 0.97.

Insider Activity

In other Rotork news, insider Kiet Huynh acquired 49 shares of Rotork stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of £150.05 per share, with a total value of £7,352.45. In the last ninety days, insiders have acquired 143 shares of company stock valued at $765,212. Corporate insiders own 0.31% of the company’s stock.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.