Morgan Sindall Group (LON:MGNS) Stock Price Crosses Above Two Hundred Day Moving Average of $2,529.65

Morgan Sindall Group plc (LON:MGNS) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,529.65 ($33.26) and traded as high as GBX 2,950 ($38.79). Morgan Sindall Group shares last traded at GBX 2,930 ($38.53), with a volume of 47,997 shares.

Morgan Sindall Group Price Performance

The firm has a market cap of £1.38 billion, a P/E ratio of 1,124.05, a P/E/G ratio of -68.20 and a beta of 1.31. The firm’s fifty day moving average is GBX 2,822.39 and its 200 day moving average is GBX 2,537.53. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18.

Morgan Sindall Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd will be issued a dividend of GBX 41.50 ($0.55) per share. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 3rd. Morgan Sindall Group’s dividend payout ratio is presently 4,580.15%.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.