Informa (LON:INF) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Informa plc (LON:INF)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 835.08 ($10.51) and traded as high as GBX 852.80 ($10.74). Informa shares last traded at GBX 844.40 ($10.63), with a volume of 2,590,645 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Informa in a report on Wednesday, July 24th.

Informa Stock Performance

The firm’s 50-day moving average price is GBX 829.38 and its two-hundred day moving average price is GBX 835.65. The firm has a market capitalization of £11.29 billion, a PE ratio of 3,717.39, a P/E/G ratio of 0.75 and a beta of 1.12. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 29.87.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.