Kier Group (LON:KIE) Stock Price Crosses Above 200-Day Moving Average of $128.54

Kier Group plc (LON:KIE)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 128.54 ($1.63) and traded as high as GBX 141.20 ($1.79). Kier Group shares last traded at GBX 140 ($1.78), with a volume of 1,119,718 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.67) target price on shares of Kier Group in a report on Wednesday, May 15th.

Kier Group Stock Up 1.6 %

The company has a debt-to-equity ratio of 94.84, a quick ratio of 0.69 and a current ratio of 0.80. The firm has a market cap of £632.21 million, a P/E ratio of 1,555.56, a P/E/G ratio of 0.29 and a beta of 0.80. The firm’s fifty day moving average is GBX 138.54 and its 200 day moving average is GBX 128.54.

About Kier Group

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.