Galliford Try (LON:GFRD) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Galliford Try Holdings plc (LON:GFRD)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 298.02 ($3.77) and traded as high as GBX 385 ($4.87). Galliford Try shares last traded at GBX 374 ($4.73), with a volume of 174,926 shares changing hands.

Galliford Try Stock Performance

The stock has a market cap of £374.75 million, a PE ratio of 1,068.57, a P/E/G ratio of 0.90 and a beta of 1.12. The company has a debt-to-equity ratio of 43.30, a current ratio of 0.92 and a quick ratio of 0.89. The stock has a 50-day simple moving average of GBX 340.74 and a 200-day simple moving average of GBX 298.02.

Galliford Try Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 7th will be given a dividend of GBX 11.50 ($0.15) per share. This represents a yield of 3.83%. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from Galliford Try’s previous dividend of $4.00. Galliford Try’s dividend payout ratio is 4,571.43%.

Insider Activity at Galliford Try

In related news, insider Bill Hocking sold 159,626 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of GBX 327 ($4.14), for a total value of £521,977.02 ($660,479.59). 7.70% of the stock is currently owned by insiders.

Galliford Try Company Profile

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.