Morgan Sindall Group (LON:MGNS) Stock Price Passes Above Two Hundred Day Moving Average of $2,581.14

Morgan Sindall Group plc (LON:MGNS)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,581.14 ($34.10) and traded as high as GBX 3,040 ($40.16). Morgan Sindall Group shares last traded at GBX 3,005 ($39.70), with a volume of 143,244 shares traded.

Morgan Sindall Group Stock Performance

The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. The firm has a market capitalization of £1.41 billion, a price-to-earnings ratio of 1,146.95, a PEG ratio of -68.20 and a beta of 1.31. The firm has a 50 day moving average price of GBX 2,887.30 and a 200-day moving average price of GBX 2,581.14.

Morgan Sindall Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 3rd will be issued a GBX 41.50 ($0.55) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 1.5%. Morgan Sindall Group’s dividend payout ratio (DPR) is 4,580.15%.

About Morgan Sindall Group

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.