Rotork (LON:ROR) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Rotork plc (LON:ROR)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 319.51 ($4.31) and traded as high as GBX 348 ($4.70). Rotork shares last traded at GBX 346.16 ($4.67), with a volume of 1,506,504 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ROR shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 430 price target on shares of Rotork in a report on Tuesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 395 price target on shares of Rotork in a report on Tuesday, August 5th. Finally, Shore Capital reiterated a “hold” rating on shares of Rotork in a report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 396.25.

Rotork Price Performance

The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 1.97. The firm has a market cap of £2.88 billion, a P/E ratio of 2,860.80, a P/E/G ratio of 2.48 and a beta of 0.96. The business’s 50 day moving average is GBX 330.45 and its two-hundred day moving average is GBX 319.42.

Rotork (LON:ROR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported GBX 7.10 earnings per share (EPS) for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. As a group, analysts anticipate that Rotork plc will post 16.4574899 earnings per share for the current year.

Insider Activity

In other news, insider Svein Richard Brandtzæg bought 5,500 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of GBX 324 per share, with a total value of £17,820. 0.30% of the stock is currently owned by company insiders.

Rotork Company Profile

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.