Kier Group (LON:KIE) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Kier Group plc (LON:KIE - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 143.26 ($1.93) and traded as high as GBX 166.80 ($2.25). Kier Group shares last traded at GBX 165.60 ($2.24), with a volume of 2,224,829 shares trading hands.

Kier Group Trading Up 0.4%

The business has a 50 day moving average of GBX 142.27 and a two-hundred day moving average of GBX 143.79. The firm has a market capitalization of £725.76 million, a price-to-earnings ratio of 16.97, a P/E/G 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.

Kier Group (LON:KIE - Get Free Report) last released its quarterly earnings data 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%. Equities analysts predict that Kier Group plc will post 20.4913295 EPS for the current year.

Kier Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 24th will be paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, April 24th. Kier Group's dividend payout ratio (DPR) is presently 50.34%.

Insider Buying and Selling

In other Kier Group news, insider Matthew Lester purchased 16,310 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 123 ($1.66) per share, with a total value of £20,061.30 ($27,076.93). 6.07% of the stock is currently owned by corporate insiders.

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.