Mears Group plc (LON:MER - 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 370.29 ($4.92) and traded as high as GBX 401.50 ($5.34). Mears Group shares last traded at GBX 392.50 ($5.22), with a volume of 174,000 shares trading hands.
Mears Group Stock Performance
The firm has a fifty day moving average of GBX 386.23 and a 200-day moving average of GBX 371.38. The company has a quick ratio of 0.92, a current ratio of 0.87 and a debt-to-equity ratio of 139.90. The firm has a market cap of £343.43 million, a P/E ratio of 8.73, a PEG ratio of 0.68 and a beta of 1.26.
Mears Group (LON:MER - Get Free Report) last announced its quarterly earnings results on Thursday, April 10th. The company reported GBX 50.27 ($0.67) earnings per share for the quarter. Mears Group had a return on equity of 21.83% and a net margin of 3.67%. Research analysts predict that Mears Group plc will post 32.5150732 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Mears Group news, insider Andrew C. M. Smith sold 108,411 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of GBX 393 ($5.23), for a total transaction of £426,055.23 ($566,562.81). Corporate insiders own 2.76% of the company's stock.
About Mears Group
(
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Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.
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