Big Yellow Group (LON:BYG) Stock Price Passes Above Two Hundred Day Moving Average of $1,163.80

Big Yellow Group Plc (LON:BYG)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,163.80 ($15.37) and traded as high as GBX 1,310 ($17.31). Big Yellow Group shares last traded at GBX 1,300 ($17.17), with a volume of 299,534 shares traded.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upped their price objective on shares of Big Yellow Group from GBX 1,315 ($17.37) to GBX 1,385 ($18.30) and gave the company an “overweight” rating in a research note on Thursday, May 23rd.

Big Yellow Group Stock Performance

The stock’s 50-day moving average price is GBX 1,237.02 and its 200-day moving average price is GBX 1,163.80. The company has a market capitalization of £2.54 billion, a price-to-earnings ratio of 1,031.75, a P/E/G ratio of 2.40 and a beta of 0.72. The company has a debt-to-equity ratio of 16.76, a quick ratio of 0.29 and a current ratio of 0.36.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.