Kier Group (LON:KIE) Stock Passes Above 200 Day Moving Average – Should You Sell?

Shares of Kier Group plc (LON:KIE) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 146.52 ($1.84) and traded as high as GBX 154.40 ($1.94). Kier Group shares last traded at GBX 154 ($1.94), with a volume of 1,913,273 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 210 ($2.64) price target on shares of Kier Group in a research report on Thursday, January 23rd.

Kier Group Trading Down 1.0 %

The firm has a market capitalization of £661.19 million, a price-to-earnings ratio of 15.46, a P/E/G ratio of 0.29 and a beta of 1.14. The business has a 50 day moving average of GBX 146.62 and a two-hundred day moving average of GBX 146.49. The company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88.

About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.