Free Trial

Mears Group (LON:MER) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Mears Group logo with Consumer Cyclical background

Mears Group plc (LON:MER - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 372.23 ($5.05) and traded as high as GBX 399.50 ($5.42). Mears Group shares last traded at GBX 398 ($5.40), with a volume of 86,298 shares.

Mears Group Trading Up 1.6%

The firm has a market cap of £360.51 million, a P/E ratio of 9.17, a P/E/G ratio of 0.68 and a beta of 1.26. 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 firm has a fifty day moving average of GBX 388.70 and a 200-day moving average of GBX 373.05.

Mears Group (LON:MER - Get Free Report) last announced its quarterly earnings results on Thursday, April 10th. The company reported GBX 50.27 ($0.68) earnings per share (EPS) for the quarter. Mears Group had a return on equity of 21.83% and a net margin of 3.67%. Equities research analysts forecast that Mears Group plc will post 32.5150732 earnings per share for the current year.

Insider Buying and Selling at Mears Group

In other Mears Group news, insider Andrew C. M. Smith sold 108,411 shares of Mears Group stock in a transaction on Thursday, May 8th. The stock was sold at an average price of GBX 393 ($5.33), for a total transaction of £426,055.23 ($578,093.93). 2.76% of the stock is 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.

Further Reading

Should You Invest $1,000 in Mears Group Right Now?

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

7 AI Stocks to Invest in Today: Capitalizing on AI and Tech Trends in 2025 Cover

Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines