Free Trial

Grainger (LON:GRI) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Grainger logo with Real Estate background

Grainger plc (LON:GRI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 213.39 ($2.93) and traded as high as GBX 225.50 ($3.09). Grainger shares last traded at GBX 223.81 ($3.07), with a volume of 3,657,381 shares.

Grainger Stock Performance

The company has a market cap of £1.65 billion, a P/E ratio of -1,492.06, a P/E/G ratio of 1.51 and a beta of 0.71. The firm has a 50 day moving average price of GBX 217.48 and a 200-day moving average price of GBX 213.39. The company has a debt-to-equity ratio of 84.49, a quick ratio of 0.87 and a current ratio of 4.49.

Grainger (LON:GRI - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported GBX 7.50 ($0.10) earnings per share for the quarter. Grainger had a negative return on equity of 0.06% and a negative net margin of 0.40%. On average, research analysts predict that Grainger plc will post 10.4590732 EPS for the current year.

Insider Transactions at Grainger

In other Grainger news, insider Robert Hudson purchased 72 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average cost of GBX 7,200 ($98.81) per share, with a total value of £5,184 ($7,114.04). Also, insider Helen Gordon sold 159,599 shares of Grainger stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of GBX 215 ($2.95), for a total value of £343,137.85 ($470,890.42). Over the last three months, insiders bought 277 shares of company stock worth $563,295. 1.92% of the stock is owned by insiders.

About Grainger

(Get Free Report)

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK's largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Grainger Right Now?

Before you consider Grainger, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grainger wasn't on the list.

While Grainger currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines