Kier Group (LON:KIE) Hits New 1-Year Low – What’s Next?

Kier Group plc (LON:KIE) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 118.80 ($1.54) and last traded at GBX 123.60 ($1.60), with a volume of 108632555 shares traded. The stock had previously closed at GBX 140 ($1.81).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 ($2.72) price objective on shares of Kier Group in a report on Thursday, January 23rd.

Kier Group Trading Down 11.7 %

The firm has a market cap of £532.05 million, a P/E ratio of 12.44, a P/E/G ratio of 0.29 and a beta of 1.14. The business’s 50-day moving average is GBX 145.90 and its two-hundred day moving average is GBX 145.93. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83.

Kier Group (LON:KIE) last posted its earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.11) EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. As a group, analysts expect that Kier Group plc will post 20.4913295 earnings per share for the current fiscal year.

Insider Buying and Selling at Kier Group

In related news, insider Matthew Lester acquired 16,310 shares of Kier Group stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of GBX 123 ($1.59) per share, with a total value of £20,061.30 ($25,972.68). 6.07% of the stock is currently owned by company insiders.

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.