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

Keller Group plc (LON:KLR)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,403.70 ($18.20) and traded as high as GBX 1,656 ($21.48). Keller Group shares last traded at GBX 1,646 ($21.35), with a volume of 60,014 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price objective on shares of Keller Group from GBX 1,500 ($19.45) to GBX 1,750 ($22.69) and gave the company a “buy” rating in a research report on Tuesday, August 6th.

Keller Group Stock Up 0.1 %

The company has a market cap of £1.19 billion, a P/E ratio of 968.24, a P/E/G ratio of 2.86 and a beta of 1.34. The company’s 50-day moving average is GBX 1,625.28 and its two-hundred day moving average is GBX 1,403.70. The company has a debt-to-equity ratio of 71.25, a current ratio of 1.36 and a quick ratio of 1.17.

Keller Group Cuts Dividend

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

Insider Transactions at Keller Group

In other Keller Group news, insider Kerry Porritt acquired 138 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The shares were bought at an average cost of GBX 1,637 ($21.23) per share, with a total value of £2,259.06 ($2,929.66). In related news, insider Kerry Porritt acquired 138 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were bought at an average price of GBX 1,637 ($21.23) per share, for a total transaction of £2,259.06 ($2,929.66). Also, insider David Burke sold 19,884 shares of Keller Group stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of GBX 1,613 ($20.92), for a total transaction of £320,728.92 ($415,936.87). Company 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.