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Kier Group (LON:KIE) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Kier Group logo with Industrials background

Kier Group plc (LON:KIE - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.01 ($1.83) and traded as high as GBX 149.80 ($1.86). Kier Group shares last traded at GBX 149.80 ($1.86), with a volume of 1,072,243 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 210 ($2.61) price objective on shares of Kier Group in a research report on Thursday, January 23rd.

View Our Latest Report on KIE

Kier Group Stock Performance

The firm has a market cap of £669.03 million, a price-to-earnings ratio of 1,380.00, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The firm's 50 day moving average is GBX 145.77 and its 200-day moving average is GBX 147.01. 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.

Further Reading

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