Balfour Beatty plc (LON:BBY - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 427.55 ($5.23) and traded as high as GBX 438 ($5.36). Balfour Beatty shares last traded at GBX 433.85 ($5.31), with a volume of 857,937 shares traded.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on Balfour Beatty from GBX 500 ($6.12) to GBX 575 ($7.04) and gave the company a "buy" rating in a research note on Friday, November 22nd.
Get Our Latest Research Report on BBY
Balfour Beatty Stock Up 0.8 %
The company has a debt-to-equity ratio of 79.17, a current ratio of 0.99 and a quick ratio of 0.84. The company has a fifty day moving average price of GBX 445.41 and a 200 day moving average price of GBX 428.01. The company has a market cap of £2.24 billion, a PE ratio of 1,047.14, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81.
Insider Buying and Selling at Balfour Beatty
In other Balfour Beatty news, insider Leo Quinn sold 317,071 shares of Balfour Beatty stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of GBX 448 ($5.48), for a total transaction of £1,420,478.08 ($1,738,013.07). 1.15% of the stock is currently owned by company insiders.
Balfour Beatty Company Profile
(
Get Free Report)
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.
Read More
Before you consider Balfour Beatty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Balfour Beatty wasn't on the list.
While Balfour Beatty currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
