Grafton Group (LON:GFTU) Stock Passes Below 200 Day Moving Average - What's Next?

Key Points

• Grafton Group's share price has dipped below its 200-day moving average of GBX 923.25, closing at GBX 892 ($11.86) recently.
• The company has a market capitalization of £1.76 billion and a price-to-earnings ratio of 13.70, indicating its current valuation metrics.
• Insider activity includes the purchase of 5,000 shares by David Dillon at an average price of GBX 985 ($13.09), demonstrating confidence from company insiders.

Shares of Grafton Group plc (LON:GFTU - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 923.25 ($12.42) and traded as low as GBX 880.10 ($11.84). Grafton Group shares last traded at GBX 892 ($12.00), with a volume of 252,732 shares trading hands.

Grafton Group Stock Down 0.1%

The stock's fifty day simple moving average is GBX 961.55 and its two-hundred day simple moving average is GBX 922.58. 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 company has a market capitalization of £1.73 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 1.58 and a beta of 1.60.

Insider Buying and Selling at Grafton Group

In other Grafton Group news, insider David Dillon acquired 5,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average price of GBX 985 ($13.25) per share, for a total transaction of £49,250 ($66,231.85). 11.45% of the stock is currently owned by corporate insiders.

About Grafton Group

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.