Morgan Sindall Group (LON:MGNS) Shares Down 1% - Here's What Happened

Morgan Sindall Group plc (LON:MGNS - Get Free Report) was down 1% on Tuesday . The company traded as low as GBX 3,785 ($48.28) and last traded at GBX 3,795.30 ($48.42). Approximately 65,835 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 104,550 shares. The stock had previously closed at GBX 3,835 ($48.92).

Morgan Sindall Group Price 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 stock has a market capitalization of £1.79 billion, a price-to-earnings ratio of 1,460.04, a PEG ratio of -68.20 and a beta of 1.31. The stock's 50 day simple moving average is GBX 3,617.11 and its 200-day simple moving average is GBX 3,057.23.

Insider Activity

In other Morgan Sindall Group news, insider Sharon Fennessy bought 650 shares of the firm's stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average price of GBX 3,750 ($47.84) per share, for a total transaction of £24,375 ($31,094.53). Also, insider John Christopher Morgan sold 16,968 shares of Morgan Sindall Group stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of GBX 3,890 ($49.62), for a total value of £660,055.20 ($842,014.54). 11.05% of the stock is currently owned by insiders.

About Morgan Sindall Group

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.