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Morgan Sindall Group (LON:MGNS) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Morgan Sindall Group logo with Industrials background

Morgan Sindall Group plc (LON:MGNS - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,902.23 ($36.58) and traded as high as GBX 3,865 ($48.71). Morgan Sindall Group shares last traded at GBX 3,865 ($48.71), with a volume of 50,481 shares trading hands.

Morgan Sindall Group Trading Up 1.4 %

The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. The company has a market cap of £1.81 billion, a price-to-earnings ratio of 1,475.19, a PEG ratio of -68.20 and a beta of 1.31. The firm has a 50 day moving average price of GBX 3,351.19 and a two-hundred day moving average price of GBX 2,902.23.

Insider Transactions at Morgan Sindall Group

In other Morgan Sindall Group news, insider Kelly Gangotra bought 975 shares of the business's stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average price of GBX 3,030 ($38.19) per share, for a total transaction of £29,542.50 ($37,230.62). Also, insider Sharon Fennessy bought 650 shares of the stock in a transaction on Tuesday, October 29th. The stock was acquired at an average price of GBX 3,750 ($47.26) per share, with a total value of £24,375 ($30,718.34). Corporate insiders own 11.05% of the company's stock.

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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