4imprint Group (LON:FOUR) Share Price Passes Below 200 Day Moving Average - Here's Why

Key Points

• 4imprint Group's share price has fallen below its 200-day moving average, trading at GBX 3,150.25, compared to a 200-day average of GBX 3,403.59.
• Analysts' price targets for 4imprint Group have been revised downwards, with Berenberg Bank decreasing their target to GBX 5,140 and Deutsche Bank lowering theirs to GBX 3,500.
• The company's average rating is currently a "Moderate Buy" with a target price of GBX 4,320 based on market data.

Shares of 4imprint Group plc (LON:FOUR - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,403.59 ($45.39) and traded as low as GBX 3,120 ($41.61). 4imprint Group shares last traded at GBX 3,150.25 ($42.01), with a volume of 31,879 shares traded.

Analyst Ratings Changes

A number of analysts have commented on the stock. Berenberg Bank dropped their price target on shares of 4imprint Group from GBX 5,755 to GBX 5,140 and set a "buy" rating on the stock in a research report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of 4imprint Group from GBX 3,900 to GBX 3,500 and set a "hold" rating on the stock in a research report on Wednesday, August 6th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 4,320.

4imprint Group Price Performance

The company's 50 day moving average price is GBX 3,306.24 and its 200-day moving average price is GBX 3,403.59. The company has a market cap of £879.00 million, a price-to-earnings ratio of 748.27, a PEG ratio of 0.58 and a beta of 0.98. The company has a debt-to-equity ratio of 8.12, a quick ratio of 1.53 and a current ratio of 1.81.

About 4imprint Group

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands.

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