PZ Cussons (LON:PZC) Shares Pass Above 200 Day Moving Average Following Insider Selling

Key Points

• PZ Cussons plc's shares have surpassed their 200-day moving average after an insider purchase, reaching a peak of GBX 80.30 ($1.07) during trading.
• Analysts rate PZ Cussons as a "Moderate Buy" with a consensus price target of GBX 110, however, JPMorgan maintains a "neutral" stance with a price objective of GBX 100.
• The company reported a negative net margin of 10.80% and a negative return on equity of 21.80% for the last quarter, with expected earnings of 13.91 EPS for the current year.

PZ Cussons plc (LON:PZC - Get Free Report) crossed above its 200-day moving average during trading on Thursday after an insider bought additional shares in the company. The stock has a 200-day moving average of GBX 75.92 ($1.01) and traded as high as GBX 80.30 ($1.07). PZ Cussons shares last traded at GBX 79.79 ($1.06), with a volume of 486,675 shares trading hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 100 price objective on shares of PZ Cussons in a research report on Tuesday, July 1st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 110.

PZ Cussons Stock Performance

The firm has a market cap of £334.73 million, a P/E ratio of -5,082.42, a price-to-earnings-growth ratio of 1.13 and a beta of 0.26. The company has a current ratio of 1.18, a quick ratio of 1.36 and a debt-to-equity ratio of 73.75. The business's fifty day simple moving average is GBX 70.55 and its 200-day simple moving average is GBX 75.92.

PZ Cussons (LON:PZC - Get Free Report) last announced its earnings results on Wednesday, September 17th. The company reported GBX 7.34 earnings per share for the quarter. PZ Cussons had a negative net margin of 10.80% and a negative return on equity of 21.80%. As a group, sell-side analysts expect that PZ Cussons plc will post 13.9099999 earnings per share for the current year.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.

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