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

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Rotork plc (LON:ROR - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 324.89 ($4.20) and traded as high as GBX 326.40 ($4.22). Rotork shares last traded at GBX 323 ($4.17), with a volume of 1,635,128 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 390 ($5.04) target price on shares of Rotork in a research report on Thursday, January 23rd.

Check Out Our Latest Stock Analysis on ROR

Rotork Stock Performance

The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97. The stock has a market cap of £2.74 billion, a P/E ratio of 23.38, a PEG ratio of 2.48 and a beta of 0.96. The company's 50-day simple moving average is GBX 327.48 and its 200 day simple moving average is GBX 324.81.

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.

Further Reading

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