Shares of Mears Group plc (LON:MER - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 371.75 ($4.91) and traded as high as GBX 391 ($5.17). Mears Group shares last traded at GBX 387.50 ($5.12), with a volume of 325,806 shares traded.
Mears Group Trading Down 0.5 %
The company has a market cap of £352.97 million, a price-to-earnings ratio of 945.12, a PEG ratio of 0.68 and a beta of 1.26. The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 137.41. The stock has a 50-day simple moving average of GBX 371.34 and a 200 day simple moving average of GBX 371.75.
Mears Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th will be issued a GBX 4.75 ($0.06) dividend. This represents a yield of 1.4%. The ex-dividend date is Thursday, September 12th. Mears Group's payout ratio is 3,414.63%.
Insider Buying and Selling at Mears Group
In related news, insider Andrew C. M. Smith bought 12,010 shares of the stock in a transaction dated Friday, August 9th. The shares were purchased at an average price of GBX 357 ($4.72) per share, for a total transaction of £42,875.70 ($56,638.97). Company insiders own 3.07% of the company's stock.
Mears Group Company Profile
(
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Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.
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