Shares of Kier Group plc (LON:KIE - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 175.81 ($2.36) and traded as high as GBX 231.28 ($3.11). Kier Group shares last traded at GBX 229.68 ($3.09), with a volume of 5,289,061 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank raised their price target on shares of Kier Group from GBX 225 to GBX 240 and gave the stock a "buy" rating in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Kier Group presently has a consensus rating of "Buy" and a consensus target price of GBX 240.
Read Our Latest Report on KIE
Kier Group Price Performance
The firm has a market capitalization of £998.95 million, a price-to-earnings ratio of 2,417.68, a PEG ratio of 0.29 and a beta of 1.14. The stock's 50 day moving average price is GBX 201.72 and its two-hundred day moving average price is GBX 175.81. The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69.
Kier Group (LON:KIE - Get Free Report) last announced its quarterly earnings results on Tuesday, September 16th. The company reported GBX 21.60 earnings per share for the quarter. Kier Group had a net margin of 1.09% and a return on equity of 8.23%. On average, equities research analysts anticipate that Kier Group plc will post 20.4913295 EPS for the current year.
Insider Buying and Selling
In other Kier Group news, insider Simon Kesterton sold 350,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of GBX 204, for a total transaction of £714,000. Company insiders own 1.50% of the company's stock.
About Kier Group
(
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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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