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Morgan Sindall Group (LON:MGNS) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Morgan Sindall Group logo with Industrials background

Morgan Sindall Group plc (LON:MGNS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,822.18 ($36.74) and traded as high as GBX 3,845 ($50.05). Morgan Sindall Group shares last traded at GBX 3,800 ($49.47), with a volume of 86,373 shares traded.

Morgan Sindall Group Trading Up 0.5 %

The business has a 50 day moving average price of GBX 3,232.09 and a 200-day moving average price of GBX 2,832.70. The firm has a market capitalization of £1.79 billion, a PE ratio of 1,454.20, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 18.51.

Insiders Place Their Bets

In related news, insider Sharon Fennessy acquired 650 shares of the business's stock in a transaction dated Tuesday, October 29th. The shares were acquired at an average cost of GBX 3,750 ($48.82) per share, for a total transaction of £24,375 ($31,730.02). In other Morgan Sindall Group news, insider Sharon Fennessy purchased 650 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The shares were acquired at an average price of GBX 3,750 ($48.82) per share, for a total transaction of £24,375 ($31,730.02). Also, insider Kelly Gangotra bought 975 shares of the business's stock in a transaction on Friday, September 27th. The stock was bought at an average price of GBX 3,030 ($39.44) per share, for a total transaction of £29,542.50 ($38,456.78). 11.05% of the stock is owned by corporate insiders.

Morgan Sindall Group Company Profile

(Get Free Report)

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.

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