Rotork (LON:ROR) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Rotork plc (LON:ROR) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 326.57 ($4.06) and traded as high as GBX 350 ($4.35). Rotork shares last traded at GBX 350 ($4.35), with a volume of 1,966,465 shares changing hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 390 ($4.84) price objective on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Trading Up 3.5 %

The stock has a 50-day simple moving average of GBX 323.22 and a two-hundred day simple moving average of GBX 326.57. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.16 and a current ratio of 3.21. The firm has a market cap of £2.97 billion, a PE ratio of 2,500.00, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.