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Kier Group (LON:KIE) Shares Cross Above 200 Day Moving Average - Here's What Happened

Kier Group logo with Industrials background

Kier Group plc (LON:KIE - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 153.21 ($2.06) and traded as high as GBX 207 ($2.78). Kier Group shares last traded at GBX 203 ($2.72), with a volume of 1,170,546 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 210 ($2.82) target price on shares of Kier Group in a research note on Wednesday, June 4th.

Check Out Our Latest Research Report on Kier Group

Kier Group Price Performance

The firm has a market capitalization of £897.51 million, a P/E ratio of 20.99, a PEG ratio of 0.29 and a beta of 1.14. 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 firm has a 50-day moving average of GBX 183.41 and a 200-day moving average of GBX 154.38.

About Kier Group

(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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