4imprint Group (LON:FOUR) Shares Pass Below 200-Day Moving Average - Should You Sell?

Key Points

• 4imprint Group's stock price fell below its 200-day moving average of GBX 3,924.75, trading as low as GBX 3,280.
• Analysts have adjusted their price targets for 4imprint Group, with Berenberg Bank reducing the target to GBX 5,140 and Deutsche Bank lowering it to GBX 3,500.
• Insider Michelle Brukwicki sold 1,185 shares at an average price of GBX 3,550, totaling approximately £42,067.50.

Shares of 4imprint Group plc (LON:FOUR - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,924.75 ($53.02) and traded as low as GBX 3,280 ($44.31). 4imprint Group shares last traded at GBX 3,330 ($44.98), with a volume of 103,083 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FOUR shares. Deutsche Bank Aktiengesellschaft lowered their price target on 4imprint Group from GBX 3,900 to GBX 3,500 and set a "hold" rating for the company in a report on Wednesday, August 6th. Berenberg Bank decreased 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 report on Wednesday, August 6th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 4,320.

4imprint Group Price Performance

The firm has a market capitalization of £1.22 billion, a P/E ratio of 10.92, a PEG ratio of 0.58 and a beta of 0.98. The company has a debt-to-equity ratio of 8.12, a current ratio of 1.81 and a quick ratio of 1.53. The company has a fifty day moving average of GBX 3,561.56 and a 200 day moving average of GBX 3,861.81.

Insiders Place Their Bets

In other 4imprint Group news, insider Michelle Brukwicki sold 550 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of GBX 3,410, for a total transaction of £18,755. Insiders own 2.10% of the company's stock.

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.