1 day Ago By ABMN Staff
Rotork plc ( LON:ROR – Get Free Report )’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 331.30 ($4.
38) and traded as high as GBX 338.20 ($4.47).
Rotork shares last traded at GBX 326.40 ($4.31), with a volume of 1,124,985 shares traded.
Analyst Upgrades and Downgrades ROR has been the subject of several research reports. JPMorgan Chase & Co. raised shares of Rotork to an “overweight” rating and lifted their price target for the company from GBX 365 ($4.
82) to GBX 370 ($4.89) in a research report on Wednesday, September 11th. Shore Capital reiterated a “hold” rating on shares of Rotork in a report on Tuesday, August 6th.
Finally, Berenberg Bank upped their target price on shares of Rotork from GBX 370 ($4.89) to GBX 380 ($5.02) and gave the stock a “buy” rating in a report on Friday, August 9th.
Check Out Our Latest Stock Analysis on Rotork Rotork Stock Down 1.1 % Rotork Cuts Dividend The company also recently disclosed a dividend, which will be paid on Monday, September 23rd. Shareholders of record on Thursday, August 15th will be given a GBX 2.
75 ($0.04) dividend. This represents a yield of 0.
83%. The ex-dividend date of this dividend is Thursday, August 15th. Rotork’s payout ratio is 5,000.
00%. About Rotork ( Get Free Report ) Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.
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