Balfour Beatty (LON:BBY) Shares Pass Above Two Hundred Day Moving Average of $351.85

Balfour Beatty plc (LON:BBY)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 351.85 ($4.47) and traded as high as GBX 359 ($4.56). Balfour Beatty shares last traded at GBX 358.40 ($4.55), with a volume of 877,875 shares changing hands.

Balfour Beatty Price Performance

The stock has a market cap of £1.89 billion, a P/E ratio of 1,024.00, a price-to-earnings-growth ratio of 3.75 and a beta of 0.80. The company has a current ratio of 1.01, a quick ratio of 0.84 and a debt-to-equity ratio of 81.21. The company’s fifty day simple moving average is GBX 367.30 and its 200-day simple moving average is GBX 351.85.

Insider Buying and Selling at Balfour Beatty

In other Balfour Beatty news, insider Leo Quinn sold 189,921 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of GBX 385 ($4.89), for a total value of £731,195.85 ($929,092.57). In other Balfour Beatty news, insider Leo Quinn sold 189,921 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of GBX 385 ($4.89), for a total value of £731,195.85 ($929,092.57). Also, insider Philip Harrison sold 30,887 shares of the business’s stock in a transaction on Sunday, March 31st. The shares were sold at an average price of GBX 382 ($4.85), for a total transaction of £117,988.34 ($149,921.65). Insiders own 1.25% of the company’s stock.

About Balfour Beatty

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.