Rotork (LON:ROR) Share Price Passes Above 200-Day Moving Average of $322.32

Rotork plc (LON:ROR) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 322.32 ($4.10) and traded as high as GBX 337.20 ($4.29). Rotork shares last traded at GBX 326.20 ($4.15), with a volume of 1,050,229 shares traded.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Shore Capital reissued a “hold” rating on shares of Rotork in a report on Tuesday, April 30th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 300 ($3.82) price target on shares of Rotork in a research note on Wednesday, April 10th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 370 ($4.71) price objective on shares of Rotork in a research note on Wednesday, March 6th.

Rotork Stock Performance

The firm has a market capitalization of £2.77 billion, a price-to-earnings ratio of 2,486.15, a price-to-earnings-growth ratio of 2.48 and a beta of 0.99. The company has a 50-day moving average of GBX 330.28 and a 200-day moving average of GBX 322.42. The company has a current ratio of 3.09, a quick ratio of 2.16 and a debt-to-equity ratio of 1.92.

Rotork Company Profile

Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.