Kier Group (LON:KIE) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Kier Group plc (LON:KIE - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 146.52 ($1.86) and traded as high as GBX 154.40 ($1.96). Kier Group shares last traded at GBX 154 ($1.95), with a volume of 1,913,273 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 210 ($2.66) target price on shares of Kier Group in a research report on Thursday, January 23rd.

Kier Group Stock Up 0.4 %

The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69. The stock has a market capitalization of £662.91 million, a P/E ratio of 15.50, a P/E/G ratio of 0.29 and a beta of 1.14. The firm has a 50-day simple moving average of GBX 146.66 and a 200 day simple moving average of GBX 146.44.

Kier Group Company Profile

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.