Rotork (LON:ROR) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Rotork plc (LON:ROR) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 326.57 ($4.05) and traded as high as GBX 350 ($4.34). Rotork shares last traded at GBX 350 ($4.34), with a volume of 1,966,465 shares changing hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 390 ($4.83) price target on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Trading Down 0.1 %

The business’s 50 day moving average price is GBX 323.92 and its two-hundred day moving average price is GBX 326.60. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.16 and a current ratio of 3.21. The company has a market capitalization of £2.97 billion, a price-to-earnings ratio of 2,496.96, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96.

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.