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Informa (LON:INF) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Informa logo with Communication Services background

Informa plc (LON:INF - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 792.41 ($10.79) and traded as high as GBX 816.40 ($11.11). Informa shares last traded at GBX 810.77 ($11.04), with a volume of 2,416,543 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "buy" rating and issued a GBX 930 ($12.66) target price on shares of Informa in a research report on Friday, May 23rd.

Get Our Latest Report on INF

Informa Stock Performance

The company has a market cap of £10.68 billion, a P/E ratio of 34.94, a PEG ratio of 0.75 and a beta of 1.12. The company has a 50 day moving average price of GBX 792.44 and a 200-day moving average price of GBX 792.41. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98.

Informa Company Profile

(Get Free Report)

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more. We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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