Rotork plc (LON:ROR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 318.87 ($4.32) and traded as high as GBX 350.04 ($4.74). Rotork shares last traded at GBX 348.40 ($4.72), with a volume of 2,523,482 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on ROR. Shore Capital restated a "hold" rating on shares of Rotork in a research note on Tuesday, August 5th. Berenberg Bank restated a "buy" rating and issued a GBX 395 ($5.35) price objective on shares of Rotork in a research note on Tuesday, August 5th. Finally, Jefferies Financial Group restated a "buy" rating and issued a GBX 430 ($5.83) price objective on shares of Rotork in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Rotork presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 396.25 ($5.37).
Get Our Latest Stock Report on ROR
Rotork Price Performance
The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97. The business has a 50-day moving average price of GBX 326.70 and a 200 day moving average price of GBX 319. The stock has a market cap of £2.90 billion, a PE ratio of 24.68, a PEG ratio of 2.48 and a beta of 0.96.
Rotork (LON:ROR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported GBX 7.10 ($0.10) EPS for the quarter. Rotork had a return on equity of 19.42% and a net margin of 15.98%. As a group, research analysts forecast that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.
Insider Transactions at Rotork
In related news, insider Svein Richard Brandtzæg acquired 5,500 shares of the company's stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of GBX 324 ($4.39) per share, with a total value of £17,820 ($24,152.89). Company insiders own 0.52% of the company's stock.
Rotork Company Profile
(
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Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.
Further Reading
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