Balfour Beatty (LON:BBY) Hits New 52-Week High - Still a Buy?

Key Points

• Balfour Beatty's share price reached a new 52-week high of GBX 539.50 ($7.20) amidst mid-day trading.
• The company has a market capitalization of £2.76 billion, a P/E ratio of 12.62, and a relatively high debt-to-equity ratio of 79.85.
• Balfour Beatty operates as an international infrastructure group with 26,000 employees, focusing on delivering sustainable solutions for critical infrastructure needs.

Balfour Beatty plc (LON:BBY - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 539.50 ($7.16) and last traded at GBX 539.49 ($7.16), with a volume of 170019 shares changing hands. The stock had previously closed at GBX 538 ($7.14).

Balfour Beatty Trading Down 0.2%

The firm has a market capitalization of £2.76 billion, a P/E ratio of 12.65, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81. The stock's 50-day simple moving average is GBX 513.79 and its two-hundred day simple moving average is GBX 473.92. The company has a debt-to-equity ratio of 79.85, a current ratio of 0.99 and a quick ratio of 0.84.

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.