Smiths News plc (LON:SNWS - Get Free Report)'s share price rose 1.1% on Thursday . The stock traded as high as GBX 58 ($0.79) and last traded at GBX 56.40 ($0.76). Approximately 80,718 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 428,046 shares. The stock had previously closed at GBX 55.80 ($0.76).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 95 ($1.29) price objective on shares of Smiths News in a research report on Wednesday, May 7th.
Read Our Latest Report on SNWS
Smiths News Price Performance
The company has a 50-day moving average price of GBX 57.30 and a 200-day moving average price of GBX 58.38. The firm has a market capitalization of £136.34 million, a PE ratio of 5.35, a P/E/G ratio of 0.29 and a beta of 0.83. 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.
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 for the quarter. Smiths News had a negative return on equity of 296.51% and a net margin of 2.31%. Sell-side analysts forecast that Smiths News plc will post 10.5555556 EPS for the current year.
Smiths News Company Profile
(
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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.
Further Reading
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