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Senior (LON:SNR) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Senior logo with Industrials background

Key Points

  • Senior plc's stock price has crossed above its 200-day moving average, indicating potential upward momentum, trading at GBX 194.40 ($2.63) after reaching a high of GBX 202.50 ($2.74).
  • Analysts from Deutsche Bank have upgraded their price target for Senior shares from GBX 195 to GBX 220, maintaining a "buy" rating amidst a consensus "buy" rating among analysts.
  • The company reported earnings of GBX 5.07 per share last quarter with a net margin of 3.09%, highlighting a mix of challenges given its high price-to-earnings ratio of -10,451.61.
  • Five stocks to consider instead of Senior.

Senior plc (LON:SNR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 167.77 ($2.27) and traded as high as GBX 202.50 ($2.74). Senior shares last traded at GBX 194.40 ($2.63), with a volume of 30,205,225 shares traded.

Analyst Ratings Changes

SNR has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Senior from GBX 195 to GBX 220 and gave the stock a "buy" rating in a research note on Monday, August 4th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 185 price target on shares of Senior in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of GBX 202.50.

Read Our Latest Stock Analysis on SNR

Senior Price Performance

The company has a market cap of £803.65 million, a price-to-earnings ratio of -10,451.61, a PEG ratio of 0.11 and a beta of 1.47. The company's 50 day moving average price is GBX 192.94 and its 200 day moving average price is GBX 167.77. The company has a current ratio of 1.56, a quick ratio of 0.84 and a debt-to-equity ratio of 59.35.

Senior (LON:SNR - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported GBX 5.07 earnings per share (EPS) for the quarter. Senior had a net margin of 3.09% and a return on equity of 6.67%. Equities research analysts forecast that Senior plc will post 5.8304196 earnings per share for the current year.

Senior Company Profile

(Get Free Report)

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*. Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets. The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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