Tristel (LON:TSTL) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Tristel plc's stock price has fallen below its 200-day moving average, trading at GBX 362 ($4.88) after a low of GBX 355 ($4.79).
• Deutsche Bank downgraded Tristel to a "hold" rating but increased the price target from GBX 385 to GBX 400, reflecting cautious optimism.
• The company has a market capitalization of £172.75 million and a P/E ratio of 2,806.20, indicating potential overvaluation concerns.

Tristel plc (LON:TSTL - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 363.61 ($4.90) and traded as low as GBX 355 ($4.79). Tristel shares last traded at GBX 362 ($4.88), with a volume of 141,492 shares.

Analyst Upgrades and Downgrades

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

Tristel Trading Down 0.5%

The company has a fifty day simple moving average of GBX 365.62 and a two-hundred day simple moving average of GBX 363.61. The company has a quick ratio of 3.83, a current ratio of 3.75 and a debt-to-equity ratio of 18.09. The stock has a market capitalization of £172.75 million, a P/E ratio of 2,806.20 and a beta of 0.23.

About Tristel

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