Balfour Beatty (LON:BBY) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Key Points

• Balfour Beatty's stock price has surpassed its 200-day moving average, indicating a potential upward trend, trading as high as GBX 532 ($7.15).
• The company's market capitalization is £2.71 billion, with a PE ratio of 12.40 and a debt-to-equity ratio of 79.85.
• Balfour Beatty is a major international infrastructure group with 26,000 employees operating in the UK, US, and Hong Kong, focusing on sustainable solutions and community projects.

Shares of Balfour Beatty plc (LON:BBY - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 469.86 ($6.28) and traded as high as GBX 532 ($7.11). Balfour Beatty shares last traded at GBX 531 ($7.09), with a volume of 527,527 shares traded.

Balfour Beatty Price Performance

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 stock's fifty day moving average price is GBX 510.57 and its 200-day moving average price is GBX 471.09. The firm has a market cap of £2.73 billion, a PE ratio of 12.49, 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.