Young & Co.’s Brewery, P.L.C. (LON:YNGA) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why
by Doug Wharley · The Cerbat GemYoung & Co.’s Brewery, P.L.C. (LON:YNGA – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 832.02 and traded as low as GBX 738. Young & Co.’s Brewery, P.L.C. shares last traded at GBX 740, with a volume of 11,080 shares trading hands.
Analysts Set New Price Targets
A number of research firms have recently commented on YNGA. JPMorgan Chase & Co. dropped their target price on shares of Young & Co.’s Brewery, P.L.C. from GBX 1,360 to GBX 1,190 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Peel Hunt reiterated a “buy” rating and set a GBX 1,400 price objective on shares of Young & Co.’s Brewery, P.L.C. in a research report on Thursday, November 13th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 1,450 price objective on shares of Young & Co.’s Brewery, P.L.C. in a research note on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Young & Co.’s Brewery, P.L.C. currently has an average rating of “Buy” and a consensus target price of GBX 1,346.67.
Read Our Latest Research Report on YNGA
Young & Co.’s Brewery, P.L.C. Stock Performance
The company has a market capitalization of £456.69 million, a P/E ratio of 39.28, a PEG ratio of 1.37 and a beta of 1.30. The company has a debt-to-equity ratio of 48.79, a current ratio of 0.30 and a quick ratio of 0.63. The company has a fifty day moving average price of GBX 752.98 and a two-hundred day moving average price of GBX 831.10.
Young & Co.’s Brewery, P.L.C. (LON:YNGA – Get Free Report) last posted its earnings results on Thursday, November 13th. The company reported GBX 35.59 EPS for the quarter. Young & Co.’s Brewery, P.L.C. had a net margin of 2.85% and a return on equity of 1.48%. Equities analysts forecast that Young & Co.’s Brewery, P.L.C. will post 62.1118012 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider John M. Dunsmore acquired 7,850 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average cost of GBX 630 per share, for a total transaction of £49,455. Also, insider Simon Dodd bought 3,398 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were bought at an average cost of GBX 647 per share, with a total value of £21,985.06. 9.20% of the stock is currently owned by insiders.
About Young & Co.’s Brewery, P.L.C.
Young & Co's Brewery, P.L.C. engages in the operation and management of pubs and hotels in the United Kingdom. It sells drinks and food, as well as provides accommodation services. The company was founded in 1831 and is based in London, the United Kingdom.