Bunzl plc (OTCMKTS:BZLFY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $29.08 and traded as low as $21.13. Bunzl shares last traded at $21.18, with a volume of 31,642 shares.
Analysts Set New Price Targets
Several research firms have recently commented on BZLFY. Hsbc Global Res cut shares of Bunzl from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Royal Bank of Canada upgraded Bunzl from a "hold" rating to a "moderate buy" rating in a research report on Monday, December 16th. HSBC cut Bunzl from a "buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, Citigroup upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 13th.
Check Out Our Latest Analysis on BZLFY
Bunzl Price Performance
The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. The stock's 50 day moving average price is $28.19 and its 200 day moving average price is $38.89.
Bunzl Company Profile
(
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Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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