Grafton Group (LON:GFTU) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Grafton Group plc (LON:GFTUGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 994.54 ($12.38) and traded as low as GBX 907 ($11.29). Grafton Group shares last traded at GBX 912.80 ($11.36), with a volume of 87,034 shares.

Grafton Group Stock Down 0.2 %

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. The business’s fifty day moving average price is GBX 932.63 and its two-hundred day moving average price is GBX 994.54. The stock has a market capitalization of £1.82 billion, a PE ratio of 1,099.76, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60.

Insider Activity

In related news, insider David Arnold sold 30,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of GBX 1,018 ($12.67), for a total transaction of £305,400 ($380,229.08). Corporate insiders own 11.45% of the company’s stock.

Grafton Group Company Profile

(Get Free Report)

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.

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