Balfour Beatty plc (LON:BBY - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 430.52 ($5.32) and traded as high as GBX 453.40 ($5.60). Balfour Beatty shares last traded at GBX 452.60 ($5.59), with a volume of 1,030,775 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Balfour Beatty from GBX 500 ($6.18) to GBX 575 ($7.10) and gave the company a "buy" rating in a research note on Friday, November 22nd.
Read Our Latest Research Report on BBY
Balfour Beatty Trading Down 2.4 %
The firm's 50-day moving average price is GBX 446.50 and its 200-day moving average price is GBX 430.95. The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.17. The company has a market cap of £2.25 billion, a P/E ratio of 1,051.43, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81.
Insider Activity
In other news, insider Leo Quinn sold 317,071 shares of the business's stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of GBX 448 ($5.53), for a total value of £1,420,478.08 ($1,754,543.08). Insiders own 1.15% of the company's stock.
Balfour Beatty Company Profile
(
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Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we're leading the transformation of our industry to meet the challenges of the future.
Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.
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