Wilmington (LON:WIL) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Wilmington plc (LON:WILGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 269.07 and traded as low as GBX 261. Wilmington shares last traded at GBX 267, with a volume of 371,096 shares traded.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 420 price objective on shares of Wilmington in a report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Wilmington has a consensus rating of “Buy” and an average target price of GBX 451.67.

Check Out Our Latest Report on Wilmington

Wilmington Stock Performance

The stock has a market capitalization of £247.17 million, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 1.44 and a beta of 0.32. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 76.79. The stock’s 50 day moving average is GBX 246.74 and its two-hundred day moving average is GBX 268.81.

Wilmington Company Profile

(Get Free Report)

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.

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