Fuller, Smith & Turner (LON:FSTA) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Key Points

• Fuller, Smith & Turner shares fell below their 200-day moving average, trading as low as GBX 692 versus the GBX 696.96 average, with shares last down 0.9% at GBX 692.
• Despite the technical weakness, analysts remain positive: all three covering analysts rate the stock a Buy, with an average price target of GBX 1,006.67.
• Company insiders sold 29,400 shares worth approximately £21.7 million over the past three months, while insiders retain a 2.14% ownership stake.

Fuller, Smith & Turner P.L.C. (LON:FSTA - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 696.96 and traded as low as GBX 692. Fuller, Smith & Turner shares last traded at GBX 692, with a volume of 28,564 shares changing hands.

Analyst Ratings Changes

FSTA has been the subject of several recent research reports. Shore Capital Group reissued a "buy" rating and set a GBX 1,000 price objective on shares of Fuller, Smith & Turner in a report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 1,250 target price on shares of Fuller, Smith & Turner in a research report on Wednesday, September 9th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 1,006.67.

Fuller, Smith & Turner Stock Down 0.9%

The business's fifty day simple moving average is GBX 733.95 and its 200 day simple moving average is GBX 696.96. The stock has a market cap of £362.04 million, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 5.77 and a beta of 0.78. The company has a current ratio of 0.36, a quick ratio of 0.55 and a debt-to-equity ratio of 50.97.

Insiders Place Their Bets

In related news, insider Simon Emeny sold 10,000 shares of Fuller, Smith & Turner stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of GBX 741, for a total transaction of £74,100. Also, insider Fred Turner sold 9,166 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of GBX 741, for a total value of £67,920.06. Insiders sold 29,400 shares of company stock worth $21,717,607 over the last three months. Insiders own 2.14% of the company's stock.

Fuller, Smith & Turner Company Profile

Fuller, Smith & Turner PLC is the premium pubs and hotels business that is famous for beautiful and inviting pubs with delicious fresh food, a vibrant and interesting range of drinks, and engaging service from passionate people. Our purpose in life is to create experiences that nourish the soul. Fuller's has 200 managed businesses, with 1,024 boutique bedrooms, and 177 Tenanted Inns. The estate is predominately located in the South of England (44% of sites are within the M25) and stretches from our London heartland to the Jurassic Coast via the New Forest.

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