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

Shares of Rotork plc (LON:ROR) hit a new 52-week low on Tuesday . The company traded as low as GBX 286.40 and last traded at GBX 288.60, with a volume of 910768 shares. The stock had previously closed at GBX 290.20.

Wall Street Analyst Weigh In

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

Rotork Trading Up 66.9%

The stock has a 50-day simple moving average of GBX 303.77 and a 200 day simple moving average of GBX 328.04. 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 market cap of £3.95 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 2.48 and a beta of 0.98.

Insider Activity

In other news, insider Kiet Huynh bought 49 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of £150.05 per share, with a total value of £7,352.45. Insiders bought 149 shares of company stock valued at $765,137 in the last three months. Company 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.