Morgan Sindall Group (LON:MGNS) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Morgan Sindall Group plc (LON:MGNSGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,472.09 ($43.82) and traded as high as GBX 3,620 ($45.68). Morgan Sindall Group shares last traded at GBX 3,570 ($45.05), with a volume of 61,126 shares traded.

Morgan Sindall Group Stock Up 0.3 %

The business has a 50-day moving average of GBX 3,726.70 and a 200 day moving average of GBX 3,472.09. The company has a market capitalization of £1.69 billion, a PE ratio of 13.47, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87.

Morgan Sindall Group Company Profile

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Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported annual revenues of £4.1bn in full year 2023, employing around 7,700 employees and operating in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

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