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Mears Group (LON:MER) Stock Passes Above 200 Day Moving Average - What's Next?

Mears Group logo with Consumer Cyclical background
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Mears Group plc (LON:MER - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 367.87 ($4.76) and traded as high as GBX 381 ($4.93). Mears Group shares last traded at GBX 379 ($4.90), with a volume of 389,027 shares changing hands.

Mears Group Trading Down 1.0 %

The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 139.90. The business's 50-day moving average is GBX 363.50 and its two-hundred day moving average is GBX 368. The firm has a market cap of £332.92 million, a P/E ratio of 8.47, a P/E/G ratio of 0.68 and a beta of 1.26.

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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