Rotork (LON:ROR) Shares Pass Above 200 Day Moving Average – Time to Sell?

Rotork plc (LON:ROR)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 325.69 ($4.10) and traded as high as GBX 337.20 ($4.24). Rotork shares last traded at GBX 335.20 ($4.22), with a volume of 956,349 shares changing hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 390 ($4.91) price target on shares of Rotork in a report on Thursday, January 23rd.

Rotork Price Performance

The stock’s fifty day moving average price is GBX 325.55 and its 200-day moving average price is GBX 325.44. The firm has a market cap of £2.81 billion, a price-to-earnings ratio of 23.93, a P/E/G 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

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.