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Mears Group (LON:MER) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Mears Group logo with Consumer Cyclical background
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Mears Group plc (LON:MER - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 368.39 ($4.75) and traded as high as GBX 397.50 ($5.13). Mears Group shares last traded at GBX 388.50 ($5.01), with a volume of 176,067 shares changing hands.

Mears Group Trading Down 4.3 %

The company has a debt-to-equity ratio of 139.90, a current ratio of 0.87 and a quick ratio of 0.92. The company has a market capitalization of £322.40 million, a price-to-earnings ratio of 8.20, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26. The business has a fifty day moving average price of GBX 371.56 and a 200 day moving average price of GBX 368.34.

About Mears Group

(Get Free Report)

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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