Kier Group (LON:KIE) Sets New 12-Month High - Here's What Happened

Kier Group plc (LON:KIE - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 195 ($2.68) and last traded at GBX 194.40 ($2.67), with a volume of 4734958 shares changing hands. The stock had previously closed at GBX 191.20 ($2.62).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 210 ($2.88) price target on shares of Kier Group in a report on Wednesday, June 4th.

Kier Group Price Performance

The firm has a market capitalization of £923.34 million, a PE ratio of 21.60, a PEG ratio of 0.29 and a beta of 1.14. The stock has a 50-day moving average price of GBX 165.94 and a 200 day moving average price of GBX 148.73. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.83.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK. Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK's leading infrastructure services and construction company. We operate through three segments; Infrastructure Services, Construction and Property.