Smiths News (LON:SNWS) Shares Down 0.3% – What’s Next?

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

Analysts Set New Price Targets

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

Smiths News Stock Down 0.3 %

The firm has a market cap of £135.14 million, a price-to-earnings ratio of 633.33, a P/E/G ratio of 0.29 and a beta of 0.83. The stock has a 50 day moving average of GBX 57.59 and a 200 day moving average of GBX 57.89.

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.