Informa (LON:INF) Stock Price Crosses 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 Monday . The stock has a 200-day moving average of GBX 833 ($10.72) and traded as high as GBX 843.80 ($10.86). Informa shares last traded at GBX 841 ($10.82), with a volume of 1,335,247 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Informa in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 904 ($11.63).

Informa Trading Up 1.5 %

The company’s fifty day moving average is GBX 827.72 and its 200-day moving average is GBX 833. The company has a debt-to-equity ratio of 29.87, a current ratio of 0.56 and a quick ratio of 1.70. The company has a market capitalization of £11.10 billion, a PE ratio of 3,656.52, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12.

Informa Company Profile

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.