Informa plc (LON:INF - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 802.79 ($10.81) and traded as high as GBX 906.60 ($12.21). Informa shares last traded at GBX 903.60 ($12.17), with a volume of 2,455,191 shares trading hands.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. initiated coverage on Informa in a research note on Wednesday, September 3rd. They issued an "overweight" rating and a GBX 1,020 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Informa has an average rating of "Buy" and a consensus price target of GBX 975.
View Our Latest Report on INF
Informa Price Performance
The stock has a market cap of £11.81 billion, a PE ratio of 16,647.27, a P/E/G ratio of 0.75 and a beta of 1.12. The company has a fifty day moving average of GBX 873.98 and a 200-day moving average of GBX 804.90. The company has a current ratio of 0.56, a quick ratio of 1.70 and a debt-to-equity ratio of 31.98.
Informa (LON:INF - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported GBX 30.10 earnings per share for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. Sell-side analysts expect that Informa plc will post 59.3240265 EPS for the current fiscal year.
Insider Activity
In other Informa news, insider Stephen A. Carter sold 406,936 shares of the business's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of GBX 865, for a total value of £3,519,996.40. 0.41% of the stock is owned by corporate insiders.
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