Henry Boot (LON:BOOT) Stock Crosses Below Fifty Day Moving Average - Should You Sell?

Henry Boot PLC (LON:BOOT - Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 209.54 ($2.70) and traded as low as GBX 196.50 ($2.53). Henry Boot shares last traded at GBX 201 ($2.59), with a volume of 238,353 shares traded.

Henry Boot Stock Performance

The stock has a 50 day moving average of GBX 208.96 and a 200 day moving average of GBX 220.39. The company has a quick ratio of 0.84, a current ratio of 2.14 and a debt-to-equity ratio of 29.17. The firm has a market cap of £270.09 million, a price-to-earnings ratio of 23.91, a P/E/G ratio of -11.97 and a beta of 0.80.

Insider Activity

In other news, insider Peter Mawson sold 13,200 shares of the firm's stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of GBX 231 ($2.97), for a total value of £30,492 ($39,258.40). Also, insider Jonathan James Sykes sold 150,000 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of GBX 200 ($2.57), for a total transaction of £300,000 ($386,249.52). In the last ninety days, insiders sold 168,018 shares of company stock worth $34,036,890. 69.46% of the stock is currently owned by corporate insiders.

Henry Boot Company Profile

Henry Boot is one of the UK's leading land, property development, home building and construction businesses - and we've been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we're renowned for quality, expertise, delivery and a partnership approach across the group - which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link. Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.