Grafton Group (LON:GFTU) Shares Pass Below 200 Day Moving Average - Here's What Happened

Key Points

• Grafton Group plc's stock price has fallen below its 200-day moving average of GBX 922.11, trading as low as GBX 866.90 recently.
• The company has a market capitalization of £1.73 billion and a price-to-earnings ratio of 13.46, indicating potential value in its stock.
• Grafton Group operates in the distribution, retailing, and manufacturing of building materials across several European countries, including Ireland and the UK.

Grafton Group plc (LON:GFTU - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 922.11 ($12.48) and traded as low as GBX 866.90 ($11.73). Grafton Group shares last traded at GBX 877.20 ($11.87), with a volume of 168,906 shares traded.

Grafton Group Price Performance

The business has a fifty day moving average of GBX 948.60 and a 200-day moving average of GBX 921.62. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 37.66. The firm has a market cap of £1.74 billion, a PE ratio of 13.56, a PEG ratio of 1.58 and a beta of 1.60.

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.