Informa (LON:INF) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Informa plc (LON:INF)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 835.08 ($10.51) and traded as high as GBX 852.80 ($10.74). Informa shares last traded at GBX 844.40 ($10.63), with a volume of 2,590,645 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Informa in a report on Wednesday, July 24th.

Informa Trading Up 1.7 %

The firm has a 50 day simple moving average of GBX 829.38 and a two-hundred day simple moving average of GBX 835.65. The firm has a market capitalization of £11.29 billion, a P/E ratio of 3,717.39, a PEG ratio of 0.75 and a beta of 1.12. The company has a debt-to-equity ratio of 29.87, a quick ratio of 1.70 and a current ratio of 0.56.

About Informa

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.