Savills (LON:SVS) Shares Cross Above 200-Day Moving Average - Here's What Happened

Key Points

• Savills plc's share price has recently crossed above its 200-day moving average, reaching a high of GBX 981 ($13.22) during trading.
• The company reported a quarterly earnings per share (EPS) of GBX 11.70, with analysts predicting a total EPS of approximately 76.15 for the current fiscal year.
• Insiders have sold 17,187 shares worth around £89,448.64 in total transactions over the last 90 days, indicating potential changes in management confidence regarding the stock.

Savills plc (LON:SVS - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 955.10 ($12.91) and traded as high as GBX 981 ($13.26). Savills shares last traded at GBX 952 ($12.87), with a volume of 349,837 shares.

Savills Stock Up 1.0%

The company's fifty day moving average price is GBX 945.71 and its 200-day moving average price is GBX 954.35. The stock has a market cap of £1.29 billion, a P/E ratio of 2,515.87, a price-to-earnings-growth ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 92.62, a quick ratio of 1.22 and a current ratio of 1.16.

Savills (LON:SVS - Get Free Report) last released its earnings results on Thursday, August 14th. The company reported GBX 11.70 earnings per share (EPS) for the quarter. Savills had a net margin of 1.93% and a return on equity of 6.17%. Equities analysts forecast that Savills plc will post 76.1455526 EPS for the current year.

Insider Activity

In other news, insider Simon J. B. Shaw sold 3,172 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of GBX 1,016, for a total value of £32,227.52. Also, insider Mark Ridley sold 8,804 shares of Savills stock in a transaction dated Monday, June 30th. The shares were sold at an average price of GBX 1,016, for a total transaction of £89,448.64. Insiders sold a total of 17,187 shares of company stock valued at $17,357,772 in the last 90 days. Company insiders own 1.64% of the company's stock.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world's leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East. Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.