Grainger (LON:GRI) Shares Pass Above Two Hundred Day Moving Average of $253.14

Grainger plc (LON:GRI - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 253.14 ($3.20) and traded as high as GBX 259 ($3.27). Grainger shares last traded at GBX 258.80 ($3.27), with a volume of 748,570 shares changing hands.

Grainger Trading Down 0.4 %

The company has a market capitalization of £1.90 billion, a PE ratio of 8,593.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.68. The company has a quick ratio of 0.87, a current ratio of 4.56 and a debt-to-equity ratio of 79.88. The stock's fifty day moving average price is GBX 259.12 and its two-hundred day moving average price is GBX 253.14.

Insider Activity at Grainger

In related news, insider Robert Hudson purchased 114 shares of the business's stock in a transaction that occurred on Friday, February 2nd. The shares were acquired at an average price of GBX 259 ($3.27) per share, for a total transaction of £295.26 ($373.13). 2.04% of the stock is owned by corporate insiders.

About Grainger

(Get Free Report)

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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