Kier Group plc (LON:KIE - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 142.32 ($1.91) and traded as high as GBX 162 ($2.17). Kier Group shares last traded at GBX 160.16 ($2.15), with a volume of 1,577,709 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 210 ($2.82) price target on shares of Kier Group in a report on Thursday, January 23rd.
Read Our Latest Report on KIE
Kier Group Stock Performance
The stock's fifty day moving average price is GBX 137.69 and its two-hundred day moving average price is GBX 142.88. The company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88. The company has a market cap of £709.40 million, a P/E ratio of 16.59, a P/E/G ratio of 0.29 and a beta of 1.14.
Kier Group (LON:KIE - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.12) earnings per share for the quarter. Kier Group had a net margin of 1.09% and a return on equity of 8.23%. As a group, equities analysts predict that Kier Group plc will post 20.4913295 earnings per share for the current year.
Kier Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.66%. The ex-dividend date is Thursday, April 24th. Kier Group's dividend payout ratio (DPR) is presently 50.34%.
Insider Transactions at Kier Group
In related news, insider Matthew Lester acquired 16,310 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of GBX 123 ($1.65) per share, for a total transaction of £20,061.30 ($26,927.92). 6.07% of the stock is currently owned by insiders.
Kier Group Company Profile
(
Get Free Report)
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.
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