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Galliford Try (LON:GFRD) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Galliford Try logo with Industrials background
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Key Points

  • Shares fell below the 200‑day moving average: Galliford Try traded as low as GBX 517 and last at GBX 519.82, crossing under the 200‑day MA of GBX 522.07 on heavy volume (~10.98M), signalling short‑term technical weakness.
  • Analysts remain positive: Berenberg raised its price target to GBX 650 and maintained a "buy" rating, and the consensus analyst rating is "Buy" with an average target of GBX 600.
  • Fundamentals are mixed: the company shows strong ROE (30.23%) and a recent quarterly EPS of GBX 18.60, but current and quick ratios below 1 and a net margin of 1.93% suggest tight liquidity and modest profitability.
  • Interested in Galliford Try? Here are five stocks we like better.

Galliford Try Holdings plc (LON:GFRD - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 522.07 and traded as low as GBX 517. Galliford Try shares last traded at GBX 519.82, with a volume of 10,982,610 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price objective on Galliford Try from GBX 620 to GBX 650 and gave the stock a "buy" rating in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Galliford Try presently has an average rating of "Buy" and a consensus price target of GBX 600.

View Our Latest Analysis on GFRD

Galliford Try Trading Down 1.4%

The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 43.47. The firm has a market cap of £510.70 million, a price-to-earnings ratio of 14.81, a price-to-earnings-growth ratio of 0.90 and a beta of 0.42. The business has a 50 day moving average price of GBX 530.18 and a 200-day moving average price of GBX 522.07.

Galliford Try (LON:GFRD - Get Free Report) last posted its earnings results on Wednesday, March 4th. The company reported GBX 18.60 earnings per share (EPS) for the quarter. Galliford Try had a return on equity of 30.23% and a net margin of 1.93%. As a group, research analysts expect that Galliford Try Holdings plc will post 25.1560178 EPS for the current fiscal year.

About Galliford Try

(Get Free Report)

Galliford Try is one of the UK's leading construction groups, working to improve the UK's built environment, delivering positive, lasting change for the communities we work in on behalf of our clients. Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets. Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.

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