Grafton Group (LON:GFTU) Stock Crosses Below 200-Day Moving Average - Here's Why

Key Points

• The shares of Grafton Group plc (LON:GFTU) fell below their 200-day moving average of GBX 920.79, trading as low as GBX 880.50.
• The company has a market capitalization of £1.76 billion, a price-to-earnings ratio of 13.69, and a relatively high debt-to-equity ratio of 37.66.
• Grafton Group operates in the distribution, retailing, and manufacturing sectors across multiple countries, including Ireland, the Netherlands, Finland, and the UK.

Shares of Grafton Group plc (LON:GFTU - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 920.79 ($12.45) and traded as low as GBX 880.50 ($11.90). Grafton Group shares last traded at GBX 896.70 ($12.12), with a volume of 184,228 shares.

Grafton Group Stock Performance

The stock has a fifty day simple moving average of GBX 933.85 and a 200-day simple moving average of GBX 920.67. The stock has a market cap of £1.77 billion, a P/E ratio of 13.84, a PEG ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21.

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.