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Grainger (LON:GRI) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Grainger logo with Real Estate background

Shares of Grainger plc (LON:GRI - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 247.32 ($3.31) and traded as high as GBX 249.50 ($3.34). Grainger shares last traded at GBX 246.50 ($3.30), with a volume of 1,075,844 shares traded.

Grainger Stock Performance

The company's 50 day simple moving average is GBX 240.67 and its 200 day simple moving average is GBX 247.32. The company has a debt-to-equity ratio of 84.35, a quick ratio of 0.87 and a current ratio of 3.81. The stock has a market cap of £1.81 billion, a PE ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71.

Grainger Company Profile

(Get Free Report)

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

Further Reading

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