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Morgan Sindall Group (LON:MGNS) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Morgan Sindall Group logo with Industrials background

Morgan Sindall Group plc (LON:MGNS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,638.53 ($49.46) and traded as high as GBX 4,480 ($60.90). Morgan Sindall Group shares last traded at GBX 4,480 ($60.90), with a volume of 155,697 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 4,500 ($61.17) price objective on shares of Morgan Sindall Group in a research report on Friday, May 2nd.

Check Out Our Latest Report on Morgan Sindall Group

Morgan Sindall Group Price Performance

The stock has a fifty day moving average of GBX 3,951.25 and a 200-day moving average of GBX 3,645.54. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. The stock has a market capitalization of £2.11 billion, a price-to-earnings ratio of 16.79, a P/E/G ratio of -68.20 and a beta of 1.31.

Morgan Sindall Group Company Profile

(Get Free Report)

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

Further Reading

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