Balfour Beatty (LON:BBY) Share Price Crosses Above 200 Day Moving Average of $335.48

Balfour Beatty plc (LON:BBY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 335.48 ($4.18) and traded as high as GBX 361.20 ($4.50). Balfour Beatty shares last traded at GBX 358.20 ($4.46), with a volume of 697,567 shares.

Balfour Beatty Stock Down 0.6 %

The company has a market capitalization of £1.90 billion, a P/E ratio of 847.62, a PEG ratio of 3.75 and a beta of 0.77. The company has a debt-to-equity ratio of 81.21, a quick ratio of 0.84 and a current ratio of 1.01. The stock has a 50 day moving average price of GBX 356.44 and a 200 day moving average price of GBX 335.78.

Balfour Beatty Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Thursday, May 16th will be paid a GBX 8 ($0.10) dividend. This is a boost from Balfour Beatty's previous dividend of $3.50. This represents a yield of 2.35%. The ex-dividend date is Thursday, May 16th. Balfour Beatty's payout ratio is currently 2,857.14%.

Insider Activity at Balfour Beatty

In related news, insider Philip Harrison sold 30,887 shares of the business's stock in a transaction dated Sunday, March 31st. The stock was sold at an average price of GBX 382 ($4.76), for a total value of £117,988.34 ($146,879.55). 1.26% of the stock is currently owned by company insiders.

About Balfour Beatty

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical, refurbishment, fit-out, and rail engineering services for infrastructure and buildings markets.