WH Smith (LON:SMWH) Shares Pass Above 200 Day Moving Average - Time to Sell?

Key Points

• WH Smith's share price has surpassed its 200-day moving average, closing at GBX 1,077.38 ($14.39) with a volume of 92,916 shares traded.
• Analysts have issued a consensus rating of "Moderate Buy" for WH Smith, with the average price target set at GBX 1,430 ($19.10).
• The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85, and a market capitalization of £1.38 billion.

WH Smith PLC (LON:SMWH - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,072.67 ($14.17) and traded as high as GBX 1,108 ($14.64). WH Smith shares last traded at GBX 1,077.38 ($14.23), with a volume of 92,916 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Canaccord Genuity Group reduced their target price on WH Smith from GBX 1,460 ($19.29) to GBX 1,350 ($17.83) and set a "buy" rating on the stock in a report on Monday, June 9th. Shore Capital reissued a "not rated" rating on shares of WH Smith in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of WH Smith in a report on Wednesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,430 ($18.89).

WH Smith Stock Performance

The company has a market capitalization of £1.33 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 2.65 and a beta of 1.67. The stock has a 50 day simple moving average of GBX 1,069.32 and a 200 day simple moving average of GBX 1,071.46. The company has a quick ratio of 0.42, a current ratio of 0.85 and a debt-to-equity ratio of 253.13.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.