Free Trial

Bunzl (OTCMKTS:BZLFY) Share Price Passes Below 50 Day Moving Average - Here's What Happened

Bunzl logo with Multi-Sector Conglomerates background
Remove Ads

Bunzl plc (OTCMKTS:BZLFY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.98 and traded as low as $20.91. Bunzl shares last traded at $20.96, with a volume of 38,538 shares trading hands.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BZLFY. HSBC lowered Bunzl from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Hsbc Global Res lowered Bunzl from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Royal Bank of Canada raised Bunzl from a "hold" rating to a "moderate buy" rating in a research note on Monday, December 16th. Finally, Citigroup raised Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th.

View Our Latest Stock Analysis on Bunzl

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 company has a 50 day simple moving average of $20.93 and a 200-day simple moving average of $35.01.

Bunzl Company Profile

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Bunzl Right Now?

Before you consider Bunzl, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bunzl wasn't on the list.

While Bunzl currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock

Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock

Is Marjorie Taylor Greene the next Nancy Pelosi when it comes to stock trading? After being appointed to the DOGE Committee, MTG made a significant Tesla stock purchase—raising questions about congres

Related Videos

7 Inflation-Proof Stocks to Protect Your Portfolio
7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads