PZ Cussons (LON:PZC) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

PZ Cussons plc (LON:PZC)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.13 ($1.20) and traded as low as GBX 80 ($1.01). PZ Cussons shares last traded at GBX 80.15 ($1.01), with a volume of 6,000,819 shares traded.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 ($1.51) price objective on shares of PZ Cussons in a research note on Friday, November 22nd.

PZ Cussons Stock Down 2.4 %

The company has a debt-to-equity ratio of 75.98, a current ratio of 1.18 and a quick ratio of 1.36. The firm’s 50 day moving average price is GBX 83.44 and its two-hundred day moving average price is GBX 95.13. The firm has a market cap of £336.20 million, a price-to-earnings ratio of -572.46, a P/E/G ratio of 1.13 and a beta of 0.26.

Insiders Place Their Bets

In other news, insider Jonathan Myers sold 69,429 shares of PZ Cussons stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of GBX 90 ($1.13), for a total value of £62,486.10 ($78,529.72). 43.74% of the stock is owned by insiders.

PZ Cussons Company Profile

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.