WH Smith (LON:SMWH) Stock Passes Above Two Hundred Day Moving Average of $1,216.45

WH Smith PLC (LON:SMWH) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,216.45 ($15.55) and traded as high as GBX 1,229 ($15.71). WH Smith shares last traded at GBX 1,183 ($15.12), with a volume of 160,527 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 1,600 ($20.45) price objective on shares of WH Smith in a research note on Wednesday, June 5th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,469 ($18.77) price objective on shares of WH Smith in a research note on Monday, July 8th.

WH Smith Price Performance

The company’s 50 day moving average price is GBX 1,205.82 and its 200-day moving average price is GBX 1,216.40. The stock has a market cap of £1.57 billion, a P/E ratio of 2,444.90, a P/E/G ratio of 2.65 and a beta of 1.61. The company has a quick ratio of 0.42, a current ratio of 0.64 and a debt-to-equity ratio of 326.20.

Insider Buying and Selling

In other news, insider Annette Court bought 900 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was acquired at an average price of GBX 1,110 ($14.19) per share, with a total value of £9,990 ($12,766.77). 1.80% of the stock is owned by insiders.

WH Smith Company Profile

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.