Mears Group plc (LON:MER - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 370.29 ($4.93) 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.
Mears Group Stock Up 0.3%
The business has a 50-day moving average of GBX 385.21 and a 200-day moving average of GBX 370.29. The company has a debt-to-equity ratio of 139.90, a quick ratio of 0.92 and a current ratio of 0.87. The stock has a market capitalization of £344.74 million, a price-to-earnings ratio of 8.77, a P/E/G ratio of 0.68 and a beta of 1.26.
Mears Group (LON:MER - Get Free Report) last announced its earnings results on Thursday, April 10th. The company reported GBX 50.27 ($0.67) EPS for the quarter. Mears Group had a return on equity of 21.83% and a net margin of 3.67%. On average, sell-side analysts expect that Mears Group plc will post 32.5150732 EPS for the current year.
Insider Activity at Mears Group
In other news, insider Andrew C. M. Smith sold 108,411 shares of Mears Group stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of GBX 393 ($5.23), for a total value of £426,055.23 ($567,015.21). 2.76% of the stock is currently owned by company insiders.
About Mears Group
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mears Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mears Group wasn't on the list.
While Mears Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.