4imprint Group (LON:FOUR) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Key Points

• 4imprint Group's stock price has fallen below its 200-day moving average, reaching a low of GBX 3,170 ($43.21) during trading, while currently trading at GBX 3,210 ($43.75).
• Analysts have revised their price targets for 4imprint Group, with Berenberg Bank lowering their target from GBX 5,755 to 5,140 and Deutsche Bank reducing theirs from GBX 3,900 to 3,500.
• The company has a market cap of £901.46 million and a P/E ratio of 767.39, indicating a relatively high valuation compared to earnings.

4imprint Group plc (LON:FOUR - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,554.22 ($47.89) and traded as low as GBX 3,170 ($42.71). 4imprint Group shares last traded at GBX 3,210 ($43.25), with a volume of 210,775 shares traded.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective 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. Berenberg Bank lowered their price objective on 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 given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 4,320.

4imprint Group Trading Down 3.1%

The firm has a market cap of £884.61 million, a price-to-earnings ratio of 753.05, a PEG ratio of 0.58 and a beta of 0.98. The business has a fifty day moving average of GBX 3,452.26 and a two-hundred day moving average of GBX 3,517.36. 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.