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Kier Group (LON:KIE) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Kier Group logo with Industrials background

Shares of Kier Group plc (LON:KIE - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.01 ($1.84) and traded as high as GBX 149.80 ($1.87). Kier Group shares last traded at GBX 149.80 ($1.87), with a volume of 1,072,243 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 210 ($2.63) price target on shares of Kier Group in a research note on Thursday, January 23rd.

Read Our Latest Analysis on Kier Group

Kier Group Price Performance

The stock's 50 day simple moving average is GBX 146.02 and its 200-day simple moving average is GBX 146.85. The firm has a market cap of £668.15 million, a price-to-earnings ratio of 1,378.18, a price-to-earnings-growth 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.

About Kier Group

(Get Free Report)

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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