Rotork (LON:ROR) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Rotork plc (LON:ROR - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 317.31 ($4.24) and traded as low as GBX 308.80 ($4.12). Rotork shares last traded at GBX 311.45 ($4.16), with a volume of 927,900 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ROR shares. Royal Bank of Canada upgraded Rotork to an "outperform" rating and set a GBX 370 ($4.94) target price on the stock in a report on Tuesday, April 15th. Shore Capital reiterated a "hold" rating on shares of Rotork in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 390 ($5.21) target price on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Trading Down 0.1%

The firm has a market capitalization of £2.64 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company has a fifty day moving average price of GBX 304.69 and a 200-day moving average price of GBX 317.31. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97.

Rotork (LON:ROR - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported GBX 15.90 ($0.21) earnings per share (EPS) for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. On average, equities research analysts predict that Rotork plc will post 16.4574899 EPS for the current year.

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.

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