Smiths News plc (LON:SNWS - Get Free Report)'s stock price was up 1.6% during mid-day trading on Friday . The company traded as high as GBX 58.20 ($0.78) and last traded at GBX 57.32 ($0.77). Approximately 140,788 shares traded hands during trading, a decline of 66% from the average daily volume of 408,499 shares. The stock had previously closed at GBX 56.40 ($0.76).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 95 ($1.28) target price on shares of Smiths News in a research note on Wednesday, May 7th.
View Our Latest Analysis on SNWS
Smiths News Price Performance
The company has a debt-to-equity ratio of -1,469.70, a current ratio of 0.98 and a quick ratio of 0.83. The company has a 50 day moving average price of GBX 58.39 and a 200 day moving average price of GBX 57.72. The firm has a market cap of £137.30 million, a PE ratio of 5.39, a PEG ratio of 0.29 and a beta of 0.83.
Smiths News (LON:SNWS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported GBX 5.40 ($0.07) earnings per share (EPS) for the quarter. Smiths News had a negative return on equity of 296.51% and a net margin of 2.31%. Sell-side analysts expect that Smiths News plc will post 10.5555556 EPS for the current fiscal year.
About Smiths News
(
Get Free Report)
In 1792 we started delivering the nation's newspapers. Today, we're proud to be the UK's largest wholesaler of newspapers and magazines, serving 24,000 retailers from superstores to corner shops.
Service and efficiency put us at the forefront of our industry and with 55% market share we are the leading player in one of the world's fastest-moving supply chains.
See Also
Before you consider Smiths News, 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 Smiths News wasn't on the list.
While Smiths News currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.