WH Smith (LON:SMWH) Share Price Passes Above 200-Day Moving Average of $1,227.45

WH Smith PLC (LON:SMWH) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,227.45 ($16.44) and traded as high as GBX 1,444 ($19.34). WH Smith shares last traded at GBX 1,438 ($19.26), with a volume of 106,420 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on SMWH shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,310 ($17.54) target price on shares of WH Smith in a report on Thursday, September 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,600 ($21.42) price objective on shares of WH Smith in a research note on Wednesday, June 5th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,469 ($19.67) target price on shares of WH Smith in a research report on Wednesday, September 11th.

WH Smith Trading Up 0.6 %

The firm has a market capitalization of £1.88 billion, a P/E ratio of 2,934.69, a PEG ratio of 2.65 and a beta of 1.67. The business has a 50-day moving average price of GBX 1,285.42 and a 200-day moving average price of GBX 1,227.45. The company has a quick ratio of 0.42, a current ratio of 0.64 and a debt-to-equity ratio of 326.20.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.