Morgan Sindall Group plc (LON:MGNS - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,580.87 ($48.53) and traded as high as GBX 3,915 ($53.06). Morgan Sindall Group shares last traded at GBX 3,850 ($52.18), with a volume of 231,940 shares traded.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 4,500 ($60.98) price target on shares of Morgan Sindall Group in a research report on Friday, May 2nd.
Check Out Our Latest Report on MGNS
Morgan Sindall Group Stock Performance
The firm has a market cap of £1.78 billion, a price-to-earnings ratio of 14.19, a PEG ratio of -68.20 and a beta of 1.31. The company has a fifty day moving average price of GBX 3,526.85 and a 200-day moving average price of GBX 3,580.63. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 18.51.
Insider Activity
In related news, insider John Christopher Morgan sold 18,262 shares of Morgan Sindall Group stock in a transaction dated Friday, March 7th. The stock was sold at an average price of GBX 3,120 ($42.28), for a total value of £569,774.40 ($772,156.66). Insiders own 11.05% of the company's stock.
Morgan Sindall Group Company Profile
(
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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.
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