Kier Group (LON:KIE) Shares Pass Above 200 Day Moving Average - Should You Sell?

Kier Group plc (LON:KIE - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 146.87 ($1.82) and traded as high as GBX 150 ($1.85). Kier Group shares last traded at GBX 144.75 ($1.79), with a volume of 1,650,558 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 210 ($2.60) target price on shares of Kier Group in a research note on Thursday, September 12th.

Kier Group Trading Down 3.6 %

The firm has a market cap of £609.09 million, a PE ratio of 1,256.36, a PEG ratio of 0.29 and a beta of 1.14. The company has a debt-to-equity ratio of 302.88, a quick ratio of 0.69 and a current ratio of 0.88. The stock's 50 day simple moving average is GBX 147.22 and its 200 day simple moving average is GBX 146.87.

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.