Free Trial

Mears Group (LON:MER) Shares Cross Above 200 Day Moving Average - Here's What Happened

Mears Group logo with Consumer Cyclical background

Shares of Mears Group plc (LON:MER - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 369.32 ($4.51) and traded as high as GBX 372.50 ($4.55). Mears Group shares last traded at GBX 368.50 ($4.50), with a volume of 2,848,736 shares trading hands.

Mears Group Trading Down 0.9 %

The company has a debt-to-equity ratio of 137.41, a current ratio of 0.87 and a quick ratio of 0.92. The firm's 50 day moving average price is GBX 364.23 and its 200 day moving average price is GBX 369.34. The stock has a market capitalization of £331.50 million, a P/E ratio of 898.78, a P/E/G ratio of 0.68 and a beta of 1.26.

Insider Buying and Selling at Mears Group

In related news, insider Lucas Critchley bought 4,518 shares of the business's stock in a transaction dated Monday, November 4th. The shares were purchased at an average price of GBX 362 ($4.42) per share, with a total value of £16,355.16 ($19,969.67). Also, insider Andrew C. M. Smith purchased 12,018 shares of Mears Group stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average price of GBX 364 ($4.44) per share, for a total transaction of £43,745.52 ($53,413.33). 2.76% of the stock is currently owned by corporate insiders.

Mears Group Company Profile

(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.

Further Reading

Should You Invest $1,000 in Mears Group Right Now?

Before you consider Mears Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mears Group wasn't on the list.

While Mears Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2025 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025
Investing in Quantum Computing: Is Rigetti the Stock to Watch?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines