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Home / Support and Resistance / PZ Cussons (PZC.L) 15-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

PZ Cussons (PZC.L) 15-11-19

Will PZ Cussons (PZC.L) shares break below the 202p support zone, or will it return to highs of 227p (+12%)?

 

  • Currently trading around the 202p support at 202.2p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Highs of 227p have been seen in the recent past. Will we see this again? (+12%)
  • Shares -17% from 12-month highs; +13% from 12 month lows.

Latest News

30 Oct:  PZ Cussons, the consumer goods company,  stated that Kirsty Bashforth and Paul Grimwood would join the company as non-executive Directors from the 1st of November.

25 Sep:  PZ Cussons cautioned investors that results for the whole year would be flat. The company said it is experiencing challenging trading conditions in the UK, Nigeria and Australia.

 

29 Aug:  PZ Cussons announced it had agreed to sell its food subsidiary Minerva, the Greek food unit, and Luksja, the Polish personal care business unit.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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