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

Tristel logo with Medical background

Key Points

  • Tristel plc's stock price has fallen below its 200-day moving average of GBX 360.69 ($4.88), trading as low as GBX 350 ($4.74).
  • Deutsche Bank has downgraded Tristel to a "hold" rating while increasing their price target for the stock from GBX 385 ($5.21) to GBX 400 ($5.41).
  • The company has a market capitalization of £171.97 million and a price-to-earnings ratio of 26.35.
  • Looking to export and analyze Tristel data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Tristel plc (LON:TSTL - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 360.69 ($4.87) and traded as low as GBX 350 ($4.73). Tristel shares last traded at GBX 360 ($4.86), with a volume of 119,161 shares traded.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lowered Tristel to a "hold" rating and upped their target price for the company 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, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of GBX 400.

View Our Latest Research Report on Tristel

Tristel Stock Performance

The company has a fifty day moving average of GBX 386.56 and a 200 day moving average of GBX 360.45. 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 stock has a market cap of £169.82 million, a P/E ratio of 26.02 and a beta of 0.23.

Tristel Company Profile

(Get Free Report)

See Also

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