Grafton Group (LON:GFTU) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Shares of Grafton Group plc (LON:GFTU - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 923.86 ($12.39) and traded as low as GBX 902.77 ($12.11). Grafton Group shares last traded at GBX 916.40 ($12.29), with a volume of 254,795 shares changing hands.

Grafton Group Stock Performance

The stock has a 50-day simple moving average of GBX 991.91 and a 200-day simple moving average of GBX 923.13. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. The stock has a market cap of £1.80 billion, a PE ratio of 14.02, a P/E/G ratio of 1.58 and a beta of 1.60.

Insider Transactions at Grafton Group

In related news, insider David Dillon bought 5,000 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was bought at an average price of GBX 985 ($13.21) per share, with a total value of £49,250 ($66,063.04). Company insiders own 11.45% of the company's stock.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.