Rotork plc (LON:ROR - Get Free Report)'s stock price passed 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.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ROR. Royal Bank of Canada upgraded shares of Rotork to an "outperform" rating and set a GBX 370 ($5.02) price target on the stock in a report on Tuesday, April 15th. Shore Capital reaffirmed a "hold" rating on shares of Rotork in a research report on Friday, May 2nd.
Check Out Our Latest Research Report on ROR
Rotork Stock Up 3.2%
The stock has a market capitalization of £2.84 billion, a PE ratio of 24.20, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. 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 company's 50-day moving average is GBX 306.95 and its 200 day moving average is GBX 317.56.
Insiders Place Their Bets
In other news, insider Svein Richard Brandtzæg bought 5,500 shares of the business's stock in a transaction dated Friday, June 13th. The stock was purchased at an average cost of GBX 324 ($4.40) per share, with a total value of £17,820 ($24,182.39). 0.52% of the stock is currently owned by insiders.
About Rotork
(
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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.
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