Rotork (LON:ROR) Hits New 1-Year Low – Time to Sell?

Rotork plc (LON:ROR) shares reached a new 52-week low on Wednesday . The stock traded as low as GBX 291.20 and last traded at GBX 291.20, with a volume of 1370749 shares traded. The stock had previously closed at GBX 294.

Analyst Upgrades and Downgrades

ROR has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Rotork from GBX 390 to GBX 405 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 400 target price on shares of Rotork in a report on Tuesday, May 5th. Finally, Shore Capital Group upgraded Rotork to a “hold” rating in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Rotork presently has an average rating of “Moderate Buy” and a consensus target price of GBX 405.

Rotork Stock Down 0.3%

The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69. The company has a 50 day simple moving average of GBX 305.39 and a two-hundred day simple moving average of GBX 328.97. The firm has a market capitalization of £2.39 billion, a P/E ratio of 21.49, a P/E/G ratio of 2.48 and a beta of 0.98.

Insider Buying and Selling at Rotork

In related news, insider Kiet Huynh bought 49 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of £150.05 per share, with a total value of £7,352.45. Corporate insiders own 0.35% 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.