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

Key Points

• Savills plc's share price has recently crossed above its 200-day moving average of GBX 982.85, reaching a high of GBX 994 during trading.
• The company has a market cap of £1.31 billion and a P/E ratio of 29.58, indicating its valuation relative to earnings.
• Insiders at Savills have sold a total of 147,072 shares worth approximately $142.43 million in the past 90 days, reflecting significant trading activity by company executives.

Savills plc (LON:SVS - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 982.85 ($13.06) and traded as high as GBX 994 ($13.21). Savills shares last traded at GBX 979 ($13.01), with a volume of 165,611 shares traded.

Savills Trading Up 1.9%

The business's 50-day moving average price is GBX 973.83 and its two-hundred day moving average price is GBX 981.80. The company has a market capitalization of £1.33 billion, a P/E ratio of 30.14, a PEG ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 92.62, a current ratio of 1.16 and a quick ratio of 1.22.

Insiders Place Their Bets

In other Savills news, insider Simon J. B. Shaw sold 35,196 shares of Savills stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of GBX 963 ($12.80), for a total value of £338,937.48 ($450,475.12). Also, insider Mark Ridley sold 94,689 shares of Savills stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of GBX 963 ($12.80), for a total transaction of £911,855.07 ($1,211,928.59). Over the last three months, insiders have sold 147,072 shares of company stock worth $142,437,027. Insiders own 9.23% of the company's stock.

About Savills

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.