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 ($0.79) 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).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 95 ($1.28) target price on shares of Smiths News in a research report on Wednesday, May 7th.
Read Our Latest Analysis on SNWS
Smiths News Stock Performance
The firm has a 50 day moving average price of GBX 58.37 and a 200-day moving average price of GBX 57.86. The company has a debt-to-equity ratio of -1,469.70, a quick ratio of 0.83 and a current ratio of 0.98. The company has a market cap of £137.59 million, a P/E ratio of 5.40, a P/E/G ratio of 0.29 and a beta of 0.83.
Smiths News (LON:SNWS - Get Free Report) last released its earnings results 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%. On average, research analysts predict that Smiths News plc will post 10.5555556 EPS for the current 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.
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