Balfour Beatty plc (LON:BBY - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 405.35 ($5.13) and traded as high as GBX 441.60 ($5.59). Balfour Beatty shares last traded at GBX 436.40 ($5.52), with a volume of 481,773 shares changing hands.
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 475 ($6.01) price target on shares of Balfour Beatty in a report on Thursday, August 15th.
View Our Latest Report on Balfour Beatty
Balfour Beatty Stock Performance
The firm's 50 day simple moving average is GBX 436.12 and its 200-day simple moving average is GBX 405.79. The company has a debt-to-equity ratio of 79.17, a quick ratio of 0.84 and a current ratio of 0.99. The company has a market cap of £2.21 billion, a price-to-earnings ratio of 1,034.76, a PEG ratio of 3.75 and a beta of 0.81.
Insider Buying and Selling at Balfour Beatty
In related news, insider Philip Harrison sold 240,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of GBX 432 ($5.47), for a total transaction of £1,036,800 ($1,311,906.87). Also, insider Leo Quinn sold 317,071 shares of the firm's stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of GBX 448 ($5.67), for a total transaction of £1,420,478.08 ($1,797,390.97). 1.15% of the stock is owned by insiders.
About Balfour Beatty
(
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Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.
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