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Mears Group (LON:MER) Shares Down 0.7% - Here's What Happened

Mears Group logo with Consumer Cyclical background

Mears Group plc (LON:MER - Get Free Report)'s share price fell 0.7% during mid-day trading on Monday . The stock traded as low as GBX 356.50 ($4.55) and last traded at GBX 361.50 ($4.62). 90,006 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 377,715 shares. The stock had previously closed at GBX 364 ($4.65).

Mears Group Stock Down 0.4 %

The firm's 50-day moving average price is GBX 366.94 and its 200-day moving average price is GBX 372.53. The company has a market cap of £323.86 million, a price-to-earnings ratio of 878.05, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26. The company has a debt-to-equity ratio of 137.41, a current ratio of 0.87 and a quick ratio of 0.92.

Insider Activity

In other news, insider Lucas Critchley bought 4,518 shares of the firm's stock in a transaction dated Monday, November 4th. The stock was acquired at an average cost of GBX 362 ($4.63) per share, for a total transaction of £16,355.16 ($20,895.82). Also, insider Andrew C. M. Smith bought 12,018 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was purchased at an average price of GBX 364 ($4.65) per share, with a total value of £43,745.52 ($55,890.53). Insiders own 2.76% of the company's stock.

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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