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Mears Group (LON:MER) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Mears Group logo with Consumer Cyclical background
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Mears Group plc (LON:MER - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 367.60 ($4.75) and traded as high as GBX 378 ($4.88). Mears Group shares last traded at GBX 376 ($4.86), with a volume of 641,016 shares.

Mears Group Price Performance

The firm has a market cap of £331.16 million, a PE ratio of 8.42, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26. The stock's fifty day moving average price is GBX 362 and its 200-day moving average price is GBX 367.77. The company has a debt-to-equity ratio of 139.90, a current ratio of 0.87 and a quick ratio of 0.92.

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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