Insider Buying: Kier Group plc (LON:KIE) Insider Purchases 16,310 Shares of Stock

Kier Group plc (LON:KIE - Get Free Report) insider Matthew Lester acquired 16,310 shares of the stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average price of GBX 123 ($1.58) per share, for a total transaction of £20,061.30 ($25,828.89).

Kier Group Trading Down 11.7 %

Shares of LON:KIE traded down GBX 16.40 ($0.21) during trading on Tuesday, hitting GBX 123.60 ($1.59). The company had a trading volume of 108,632,555 shares, compared to its average volume of 5,589,638. The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69. Kier Group plc has a one year low of GBX 118.80 ($1.53) and a one year high of GBX 163.27 ($2.10). The stock has a market cap of £532.05 million, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a fifty day simple moving average of GBX 146.40 and a two-hundred day simple moving average of GBX 146.16.

Kier Group (LON:KIE - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.11) EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. As a group, equities analysts forecast that Kier Group plc will post 20.4913295 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 210 ($2.70) price target on shares of Kier Group in a research note on Thursday, January 23rd.

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About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK. Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK's leading infrastructure services and construction company. We operate through three segments; Infrastructure Services, Construction and Property.

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