Keller Group (LON:KLR) Stock Passes Above 200 Day Moving Average – What’s Next?

Keller Group plc (LON:KLR) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,382.98 ($17.96) and traded as high as GBX 1,672.40 ($21.71). Keller Group shares last traded at GBX 1,632 ($21.19), with a volume of 42,592 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price target on shares of Keller Group from GBX 1,500 ($19.48) to GBX 1,750 ($22.72) and gave the stock a “buy” rating in a report on Tuesday, August 6th.

Keller Group Price Performance

The company has a debt-to-equity ratio of 71.25, a quick ratio of 1.17 and a current ratio of 1.36. The firm has a market capitalization of £1.19 billion, a P/E ratio of 960.00, a P/E/G ratio of 2.86 and a beta of 1.34. The stock’s 50 day simple moving average is GBX 1,620.47 and its 200 day simple moving average is GBX 1,382.98.

Keller Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 15th were paid a GBX 16.60 ($0.22) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 1.2%. Keller Group’s dividend payout ratio is currently 2,823.53%.

Insiders Place Their Bets

In other Keller Group news, insider David Burke sold 19,884 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of GBX 1,613 ($20.94), for a total value of £320,728.92 ($416,422.90). In other Keller Group news, insider Kerry Porritt purchased 138 shares of the stock in a transaction dated Tuesday, September 17th. The stock was purchased at an average price of GBX 1,637 ($21.25) per share, with a total value of £2,259.06 ($2,933.08). Also, insider David Burke sold 19,884 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of GBX 1,613 ($20.94), for a total transaction of £320,728.92 ($416,422.90). Insiders own 4.19% of the company’s stock.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.