Grafton Group (LON:GFTU) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Grafton Group plc's stock has fallen below its 200-day moving average of GBX 922.32, with recent trading prices reaching as low as GBX 898.30.
• The company has a market capitalization of £1.80 billion and a current ratio of 2.21, indicating solid liquidity.
• Insider David Dillon bought 5,000 shares at GBX 985 each, demonstrating confidence in the company's prospects as he now accounts for 11.45% of their ownership.

Grafton Group plc (LON:GFTU - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 922.32 ($12.32) and traded as low as GBX 898.30 ($12.00). Grafton Group shares last traded at GBX 913.20 ($12.20), with a volume of 244,408 shares changing hands.

Grafton Group Stock Down 0.9%

The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66. The stock has a market cap of £1.76 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 1.58 and a beta of 1.60. The business's fifty day moving average is GBX 981.37 and its two-hundred day moving average is GBX 923.03.

Insiders Place Their Bets

In other Grafton Group news, insider David Dillon purchased 5,000 shares of the business's stock in a transaction on Monday, May 12th. The shares were bought at an average cost of GBX 985 ($13.16) per share, for a total transaction of £49,250 ($65,798.26). 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.