S&U (LON:SUS) Share Price Crosses Below 200 Day Moving Average – What’s Next?

S&U plc (LON:SUS) shares crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 1,955.46 and traded as low as GBX 1,890. S&U shares last traded at GBX 1,890, with a volume of 4,188 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,310 price target on shares of S&U in a research note on Tuesday, September 29th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 2,155.

S&U Stock Down 2.6%

The company has a current ratio of 56.94, a quick ratio of 58.00 and a debt-to-equity ratio of 113.78. The stock has a market cap of £224.79 million, a P/E ratio of 9.41 and a beta of 0.56. The company’s 50 day moving average price is GBX 1,964.58 and its two-hundred day moving average price is GBX 1,955.10.

S&U (LON:SUS) last announced its earnings results on Tuesday, September 29th. The company reported GBX 96.80 earnings per share (EPS) for the quarter. S&U had a net margin of 21.13% and a return on equity of 9.55%. Equities analysts forecast that S&U plc will post 231.3253012 earnings per share for the current year.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.