Smiths News (LON:SNWS) Trading Down 0.3% – Time to Sell?

Smiths News plc (LON:SNWS) dropped 0.3% during trading on Thursday . The company traded as low as GBX 57.40 ($0.75) and last traded at GBX 57.40 ($0.75). Approximately 1,377,712 shares were traded during trading, an increase of 208% from the average daily volume of 446,666 shares. The stock had previously closed at GBX 57.60 ($0.75).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 95 ($1.23) price objective on shares of Smiths News in a report on Wednesday, September 18th.

Smiths News Trading Down 0.3 %

The firm has a market cap of £136.09 million, a price-to-earnings ratio of 637.78, a price-to-earnings-growth ratio of 0.29 and a beta of 0.83. The stock has a fifty day moving average price of GBX 57.61 and a 200 day moving average price of GBX 57.90.

About Smiths News

Smiths News plc, together with its subsidiaries, engages in the distributing of newspapers and magazines in the United Kingdom and internationally. It operates through Smiths News Core, Dawson Media Direct, Instore, and Other businesses segments. The company supplies inflight entertainment to airlines and travel points.