Balfour Beatty (LON:BBY) Reaches New 12-Month High - What's Next?

Key Points

• Balfour Beatty's share price hit a new 52-week high at GBX 551.50 ($7.33) on Tuesday, closing at GBX 549.50 ($7.30) with a trading volume of over 1 million shares.
• The company has a market capitalization of £2.82 billion and a PE ratio of 12.89, indicating strong financial metrics that may attract investor interest.
• Balfour Beatty is a prominent international infrastructure group with 26,000 employees, focusing on delivering sustainable solutions and vital projects globally.

Balfour Beatty plc (LON:BBY - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 551.50 ($7.42) and last traded at GBX 549.50 ($7.39), with a volume of 1068552 shares changing hands. The stock had previously closed at GBX 542 ($7.29).

Balfour Beatty Stock Performance

The stock's 50-day moving average price is GBX 518.71 and its 200 day moving average price is GBX 477.48. The company has a debt-to-equity ratio of 79.85, a current ratio of 0.99 and a quick ratio of 0.84. The firm has a market cap of £2.83 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81.

About Balfour Beatty

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we're leading the transformation of our industry to meet the challenges of the future. Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.