Balfour Beatty (LON:BBY) Hits New 52-Week High - Here's Why

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.

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

Balfour Beatty Stock Up 0.7%

The company has a current ratio of 0.99, a quick ratio of 0.84 and a debt-to-equity ratio of 79.85. The company has a market capitalization of £2.82 billion, a PE ratio of 12.91, a PEG ratio of 3.75 and a beta of 0.81. The business has a fifty day moving average of GBX 517.63 and a 200 day moving average of GBX 476.73.

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.