WH Smith (LON:SMWH) Share Price Crosses Above 200 Day Moving Average – What’s Next?

WH Smith PLC (LON:SMWH)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,255.06 ($16.34) and traded as high as GBX 1,363 ($17.74). WH Smith shares last traded at GBX 1,319 ($17.17), with a volume of 146,829 shares.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SMWH shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,469 ($19.12) target price on shares of WH Smith in a research report on Wednesday, September 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,600 ($20.83) price objective on shares of WH Smith in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,310 ($17.05) target price on shares of WH Smith in a research report on Thursday, September 12th.

WH Smith Trading Down 1.3 %

The stock has a market capitalization of £1.72 billion, a PE ratio of 2,691.84, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 326.20, a quick ratio of 0.42 and a current ratio of 0.64. The company has a 50 day moving average of GBX 1,377.36 and a two-hundred day moving average of GBX 1,255.06.

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.