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Morgan Sindall Group (LON:MGNS) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

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 3,348.98 ($41.70) and traded as high as GBX 3,730 ($46.44). Morgan Sindall Group shares last traded at GBX 3,625 ($45.13), with a volume of 38,081 shares traded.

Morgan Sindall Group Stock Performance

The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. The company has a market capitalization of £1.72 billion, a price-to-earnings ratio of 1,404.58, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The firm has a fifty day simple moving average of GBX 3,787.72 and a 200 day simple moving average of GBX 3,348.98.

Morgan Sindall Group Company Profile

(Get Free Report)

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported annual revenues of £4.1bn in full year 2023, employing around 7,700 employees and operating in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

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