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Rotork (LON:ROR) Shares Cross Above 200 Day Moving Average - Here's What Happened

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Rotork plc (LON:ROR - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 324.97 ($4.09) and traded as high as GBX 326.20 ($4.10). Rotork shares last traded at GBX 323.41 ($4.07), with a volume of 781,302 shares changing hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 390 ($4.90) price target on shares of Rotork in a research note on Thursday, January 23rd.

Get Our Latest Report on ROR

Rotork Stock Performance

The stock's 50-day simple moving average is GBX 326.47 and its 200-day simple moving average is GBX 324.98. The stock has a market cap of £2.76 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97.

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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