Rathbones Group (LON:RAT) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• Rathbones shares crossed above their 200‑day moving average, trading as high as GBX 2,055 and last at GBX 2,035 on volume of 113,683, above the 200‑day MA of GBX 1,960.96.
• The stock remains below its 50‑day SMA of GBX 2,137.92, suggesting the shorter‑term trend is still weaker despite the 200‑day breakout.
• On fundamentals, Rathbones has a market cap of £2.09bn and a P/E of 34.43; it reported quarterly EPS of GBX 170.50 with ROE 8.33% and net margin 10.85%, and analysts forecast about GBX 174.93 EPS for the year.

Rathbones Group Plc (LON:RAT - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,960.96 and traded as high as GBX 2,055. Rathbones Group shares last traded at GBX 2,035, with a volume of 113,683 shares changing hands.

Rathbones Group Price Performance

The company has a market cap of £2.09 billion, a price-to-earnings ratio of 34.43, a PEG ratio of -26.52 and a beta of 0.69. The company has a 50-day simple moving average of GBX 2,137.92 and a 200-day simple moving average of GBX 1,960.96. The company has a debt-to-equity ratio of 14.65, a quick ratio of 0.14 and a current ratio of 190.82.

Rathbones Group (LON:RAT - Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The company reported GBX 170.50 EPS for the quarter. Rathbones Group had a return on equity of 8.33% and a net margin of 10.85%. As a group, research analysts predict that Rathbones Group Plc will post 174.9287749 earnings per share for the current year.

Rathbones Group Company Profile

With roots dating back to 1742, Rathbones is one of the UK's leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones' purpose is to help more people invest their money well, so they can live well. Rathbones has been trusted for generations to manage, preserve and grow clients' wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.

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