Tristel (LON:TSTL) Shares Pass Below 200 Day Moving Average - Here's Why

Key Points

• Tristel plc's shares have fallen below their 200-day moving average for the first time, trading at GBX 350 ($4.69), indicating a potential shift in market sentiment.
• Deutsche Bank has downgraded Tristel's shares to a "hold" rating but increased the target price from GBX 385 to GBX 400, reflecting mixed outlooks among analysts.
• The company's most recent quarterly earnings showed an EPS of GBX 17.15 and a net margin of 15.47%, highlighting underlying profitability despite share price pressures.

Tristel plc (LON:TSTL - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 368.40 ($4.94) and traded as low as GBX 350 ($4.69). Tristel shares last traded at GBX 350 ($4.69), with a volume of 50,691 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Tristel to a "hold" rating and increased their target price for the stock from GBX 385 to GBX 400 in a research report on Friday, July 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of GBX 400.

Tristel Price Performance

The company has a debt-to-equity ratio of 18.09, a current ratio of 3.75 and a quick ratio of 3.83. The company's 50-day simple moving average is GBX 361.71 and its 200-day simple moving average is GBX 368.40. The company has a market cap of £167.28 million, a price-to-earnings ratio of 27.17 and a beta of 0.23.

Tristel (LON:TSTL - Get Free Report) last issued its quarterly earnings data on Monday, October 13th. The company reported GBX 17.15 earnings per share (EPS) for the quarter. Tristel had a net margin of 15.47% and a return on equity of 20.43%. On average, equities research analysts anticipate that Tristel plc will post 16.2974684 EPS for the current year.

Tristel Company Profile

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