Rotork (LON:ROR) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Rotork plc (LON:RORGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 326.57 ($4.05) and traded as high as GBX 350 ($4.34). Rotork shares last traded at GBX 350 ($4.34), with a volume of 1,966,465 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 390 ($4.83) price objective on shares of Rotork in a research note on Thursday, January 23rd.

Check Out Our Latest Report on Rotork

Rotork Trading Down 0.1 %

The company has a market cap of £2.97 billion, a PE ratio of 2,496.96, a PEG ratio of 2.48 and a beta of 0.96. 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 company has a 50 day simple moving average of GBX 323.92 and a two-hundred day simple moving average of GBX 326.60.

About Rotork

(Get Free Report)

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.

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