Euromoney Institutional Investor (LON:ERM) Shares Pass Above 200 Day Moving Average of $0.00

Euromoney Institutional Investor PLC (LON:ERM)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $1,332.00. Euromoney Institutional Investor shares last traded at $1,300.00, with a volume of 53,500 shares.

A number of research firms recently weighed in on ERM. Peel Hunt reaffirmed an “add” rating on shares of Euromoney Institutional Investor in a research note on Monday, July 15th. Numis Securities reaffirmed a “buy” rating on shares of Euromoney Institutional Investor in a research note on Monday, June 3rd. Finally, UBS Group raised shares of Euromoney Institutional Investor to a “buy” rating and upped their price objective for the stock from GBX 1,365 ($17.84) to GBX 1,520 ($19.86) in a research note on Tuesday, August 6th.

The firm has a market capitalization of $1.43 billion and a PE ratio of 11.10. The company’s 50-day simple moving average is GBX 1,335.64 and its 200 day simple moving average is GBX 1,288.87.



In other news, insider Leslie Van de Walle purchased 3,500 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was acquired at an average cost of GBX 1,347 ($17.60) per share, with a total value of £47,145 ($61,603.29).

About Euromoney Institutional Investor (LON:ERM)

Euromoney Institutional Investor PLC, together with its subsidiaries, operates as a business-to-business information company in the United Kingdom, North America, and internationally. It operates through four segments: Asset Management; Pricing, Data and Market Intelligence; Banking and Finance; and Commodity Events.

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