Rotork (LON:ROR) Shares Cross Above 200-Day Moving Average – What’s Next?

Rotork plc (LON:ROR) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 326.41 ($4.05) and traded as high as GBX 342 ($4.24). Rotork shares last traded at GBX 333.80 ($4.14), with a volume of 1,381,713 shares trading hands.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 390 ($4.84) target price on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Price Performance

The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.96. The stock has a market cap of £2.84 billion, a PE ratio of 2,384.29, a PEG ratio of 2.48 and a beta of 0.96. The business has a 50-day moving average price of GBX 324.88 and a 200 day moving average price of GBX 326.41.

Rotork Company Profile

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.