Wilmington (LON:WIL) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Key Points

• Wilmington's share price dropped below its 200-day moving average (200-day MA GBX 286.23), trading as low as GBX 237 with 10,559 shares changing hands, which can be a technical sign of weakness.
• Analysts remain broadly positive despite a Deutsche Bank cut in target from GBX 465 to GBX 420 (buy); the stock has three Buy ratings with an average target of GBX 451.67, while the company shows a market cap of £212.25m, P/E of 19.72 and last quarter EPS of GBX 9.33.

Wilmington plc (LON:WIL - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 286.23 and traded as low as GBX 237. Wilmington shares last traded at GBX 237, with a volume of 10,559 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Wilmington from GBX 465 to GBX 420 and set a "buy" rating on the stock in a report on Wednesday, March 4th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of GBX 451.67.

Wilmington Stock Down 0.7%

The company has a market capitalization of £212.25 million, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 1.44 and a beta of 0.31. The company has a debt-to-equity ratio of 76.79, a quick ratio of 0.86 and a current ratio of 0.85. The firm's fifty day moving average is GBX 252.33 and its 200-day moving average is GBX 286.23.

Wilmington (LON:WIL - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported GBX 9.33 earnings per share (EPS) for the quarter. Wilmington had a net margin of 10.68% and a return on equity of 9.96%. As a group, equities research analysts predict that Wilmington plc will post 21.5300004 EPS for the current year.

Wilmington Company Profile

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.

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