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.
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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