Tristel (LON:TSTL) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Tristel plc (LON:TSTL) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 371.72 and traded as low as GBX 360. Tristel shares last traded at GBX 364.40, with a volume of 24,954 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft downgraded Tristel to a “hold” rating and increased their price target for the company from GBX 385 to GBX 400 in a report on Friday, July 11th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 400.

Tristel Stock Down 0.3%

The firm has a 50 day moving average price of GBX 362.18 and a two-hundred day moving average price of GBX 371.72. The company has a quick ratio of 3.83, a current ratio of 3.75 and a debt-to-equity ratio of 18.09. The company has a market capitalization of £173.67 million, a price-to-earnings ratio of 28.21 and a beta of 0.23.

Tristel (LON:TSTL) last announced its earnings results on Monday, October 13th. The company reported GBX 17.15 earnings per share for the quarter. Tristel had a return on equity of 20.43% and a net margin of 15.47%. As a group, sell-side analysts expect that Tristel plc will post 16.2974684 earnings per share for the current year.

About Tristel