WH Smith (LON:SMWH) Shares Up 11.4%

WH Smith PLC (LON:SMWH) shares traded up 11.4% during trading on Wednesday . The company traded as high as GBX 1,380 ($18.05) and last traded at GBX 1,366.44 ($17.87). 7,013,743 shares were traded during trading, an increase of 1,553% from the average session volume of 424,244 shares. The stock had previously closed at GBX 1,227 ($16.05).

Wall Street Analyst Weigh In

SMWH has been the topic of several research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,469 ($19.21) price target on shares of WH Smith in a research note on Wednesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,600 ($20.92) target price on shares of WH Smith in a research report on Wednesday, June 5th.

WH Smith Trading Up 13.9 %

The firm has a market cap of £1.83 billion, a PE ratio of 2,816.33, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a 50-day simple moving average of GBX 1,243.18 and a 200 day simple moving average of GBX 1,216.43. The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20.

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.