Grafton Group (LON:GFTU) Shares Pass Below Two Hundred Day Moving Average - Here's Why

Shares of Grafton Group plc (LON:GFTU - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 991.83 ($12.29) and traded as low as GBX 906.60 ($11.23). Grafton Group shares last traded at GBX 918.60 ($11.38), with a volume of 166,191 shares traded.

Grafton Group Stock Performance

The company has a market cap of £1.84 billion, a PE ratio of 1,115.54, a PEG ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The firm's 50 day moving average is GBX 928.37 and its 200-day moving average is GBX 990.57.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.