Wincanton (LON:WIN) Shares Cross Below 200-Day Moving Average of $248.81

Shares of Wincanton plc (LON:WIN) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $248.81 and traded as low as $221.00. Wincanton shares last traded at $227.00, with a volume of 23,298 shares.

A number of research analysts have recently weighed in on WIN shares. Shore Capital restated a “not rated” rating on shares of Wincanton in a research report on Thursday, May 16th. Numis Securities restated a “buy” rating and set a GBX 360 ($4.70) price objective on shares of Wincanton in a research report on Thursday, May 16th. Liberum Capital restated a “buy” rating on shares of Wincanton in a research report on Thursday, May 16th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 285 ($3.72) price objective on shares of Wincanton in a research report on Wednesday, June 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Wincanton currently has a consensus rating of “Buy” and a consensus target price of GBX 323.75 ($4.23).

The company has a market cap of $282.72 million and a PE ratio of 6.64. The company has a 50-day moving average of GBX 249.51 and a 200 day moving average of GBX 248.81.

Wincanton (LON:WIN) last released its quarterly earnings results on Thursday, May 16th. The company reported GBX 33.50 ($0.44) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 31.90 ($0.42) by GBX 1.60 ($0.02). On average, sell-side analysts expect that Wincanton plc will post 2829.999793 earnings per share for the current fiscal year.

In related news, insider Adrian Colman sold 579,237 shares of Wincanton stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of GBX 268 ($3.50), for a total value of £1,552,355.16 ($2,028,426.97).

Wincanton Company Profile (LON:WIN)

Wincanton plc, together with its subsidiaries, provides logistic and supply chain solutions in the United Kingdom and Ireland. It operates through Retail & Consumer and Industrial & Transport segments. The company offers contract logistics services to retail general merchandise, retail grocery, and consumer products market sectors.

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