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
(
Get Free Report)
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.
See Also
Before you consider Rotork, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rotork wasn't on the list.
While Rotork currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
