Kier Group (LON:KIE) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Kier Group plc (LON:KIE - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 146.34 ($1.84) and traded as high as GBX 153 ($1.92). Kier Group shares last traded at GBX 148 ($1.86), with a volume of 2,070,954 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 210 ($2.64) target price on shares of Kier Group in a report on Thursday, September 12th.

Kier Group Price Performance

The company has a debt-to-equity ratio of 302.88, a current ratio of 0.88 and a quick ratio of 0.69. The stock has a market capitalization of £649.64 million, a price-to-earnings ratio of 1,340.00, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a 50-day simple moving average of GBX 146.03 and a two-hundred day simple moving average of GBX 146.34.

About Kier Group

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.