Rotork (LON:ROR) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Rotork plc (LON:ROR - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 317.64 ($4.31) and traded as high as GBX 327.80 ($4.45). Rotork shares last traded at GBX 326.54 ($4.43), with a volume of 1,535,290 shares changing hands.

Analyst Ratings Changes

A number of analysts have weighed in on ROR shares. Royal Bank of Canada upgraded Rotork to an "outperform" rating and set a GBX 370 ($5.02) price target for the company in a report on Tuesday, April 15th. Shore Capital restated a "hold" rating on shares of Rotork in a research report on Friday, May 2nd.

Rotork Stock Performance

The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of £2.75 billion, a P/E ratio of 23.45, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company's 50 day moving average is GBX 305.92 and its 200-day moving average is GBX 317.69.

Rotork (LON:ROR - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported GBX 15.90 ($0.22) earnings per share for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. As a group, equities analysts anticipate that Rotork plc will post 16.4574899 EPS for the current year.

Insider Activity at Rotork

In other Rotork news, insider Svein Richard Brandtzæg purchased 5,500 shares of Rotork stock in a transaction that occurred on Friday, June 13th. The stock was acquired at an average price of GBX 324 ($4.40) per share, with a total value of £17,820 ($24,179.10). 0.52% of the stock is currently owned by corporate insiders.

About Rotork

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.