Daily Mail and General Trust P L C (LON:DMGT) Share Price Passes Below 200 Day Moving Average of $698.72

Daily Mail and General Trust P L C (LON:DMGT)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $698.72 and traded as low as $775.00. Daily Mail and General Trust P L C shares last traded at $790.00, with a volume of 129,781 shares.

DMGT has been the topic of a number of research reports. Deutsche Bank restated a “hold” rating on shares of Daily Mail and General Trust P L C in a report on Friday, July 12th. Credit Suisse Group boosted their target price on shares of Daily Mail and General Trust P L C from GBX 685 ($8.95) to GBX 741 ($9.68) and gave the stock a “neutral” rating in a report on Thursday, May 30th. Numis Securities restated a “buy” rating and issued a GBX 877 ($11.46) target price on shares of Daily Mail and General Trust P L C in a report on Thursday, May 30th. Goldman Sachs Group boosted their target price on shares of Daily Mail and General Trust P L C from GBX 562 ($7.34) to GBX 581 ($7.59) and gave the stock a “sell” rating in a report on Monday, June 3rd. Finally, Liberum Capital restated a “hold” rating on shares of Daily Mail and General Trust P L C in a report on Thursday, July 25th. Three analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 704.33 ($9.20).

The business’s fifty day moving average price is GBX 774.12 and its two-hundred day moving average price is GBX 698.72. The company has a debt-to-equity ratio of 27.34, a quick ratio of 0.50 and a current ratio of 1.03. The stock has a market capitalization of $1.65 billion and a P/E ratio of 4.56.

In related news, insider The Viscount Rothermere sold 135,834 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of GBX 770 ($10.06), for a total transaction of £1,045,921.80 ($1,366,682.09). Also, insider Paul Zwillenberg sold 54,150 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of GBX 742 ($9.70), for a total transaction of £401,793 ($525,013.72). Insiders have purchased a total of 56 shares of company stock worth $43,024 over the last quarter.

About Daily Mail and General Trust P L C (LON:DMGT)

Daily Mail and General Trust plc, together with its subsidiaries, engages in digital, information, events, and media businesses in the United Kingdom, North America, rest of Europe, Australia, and internationally. The company provides risk models, software applications, and analytical data services for the risk and insurance industry; business-to-business information, analysis, and software for the property, education technology, and energy sectors; and organizes exhibitions and conferences focusing on the energy, construction, interiors, hotel, and hospitality and leisure sectors.

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